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ARTICLE · 19 JUNE 2012

CFPB Issues Rules for Enforcement Actions (Financial Services Alert - June 12, 2012)

The CFPB issued three final rules and one interim final rule governing its enforcement of the consumer protection statutes under its authority.

United StatesFinance and Banking

In this Issue:

  • CFPB Issues Rules for Enforcement Actions
  • CFPB Reopens Comment Period on Qualified Mortgage/Ability-to-Pay Rule
  • CFPB Seeks Comment on Information Collection Requirements for Consumer Advisory Board
  • Interagency Memorandum of Understanding on Supervision Under Dodd-Frank
  • FRB Releases Independent Foreclosure Review Website
  • Supreme Court Grants Certiorari to Debt Collector in FDCPA Suit
  • Bank Settles Fair Lending Suit with DOJ
  • California Federal Judge Denies Motion to Compel Arbitration
  • Nebraska Federal Court Holds Consumer Lacks Standing in ATM Fee Class Action
  • Maryland Federal Court Holds Bank Setoff Violated Truth in Lending Act
  • Tenth Circuit Holds Notice Alone Is Insufficient to Effectuate TILA Rescission

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