Banking
June 16, 2016

CFPB Data Accountability Act Introduced in Congress

A bill that would require the Consumer Financial Protection Bureau (CFPB) to verify consumer complaints…
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Banking
June 9, 2016

Seventh Circuit Finds that Debt Collectors Do Not Violate FDCPA for Failure to Go to Trial

The U.S. Court of Appeals for the Seventh Circuit has ruled that debt collectors do…
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Banking
May 12, 2016

CFPB Proposes New Rule to Prohibit Mandatory Arbitration Clauses for Class Action Suits

On May 3, 2016, the Consumer Financial Protection Bureau (CFPB) issued a proposed rule that…
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Banking
April 18, 2016

Bank of America Facing Potential Class Action Over Debt Collection Litigation

A putative class action suit has been filed in the U.S. District Court in the…
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