Judge Sanctions Plaintiff’s Counsel for Prolonging FDCPA Case
- A District Court judge in Michigan has partially granted a defendant’s motion for sanctions against the counsel representing the plaintiff in a Fair Debt Collection Practices Act case for refusing to dismiss the complaint after being supplied with enough information to show that the claims were meritless.
- More details here
CFPB Roundup: Union Pushes Court for Clarity, Bureau Issues Humility Pledge, MoneyLion Case Resolved
- It wasn’t a quiet weekend at the Consumer Financial Protection Bureau. The union suing the Bureau wants to clarify the Bureau’s position about its funding, examiners will now have to read a “humility in supervisions” pledge at the start of each exam, and the CFPB finalized a settlement with a military lending operation.
- More details here
Bill Introduced to Reinstate Chevron Deference
- As the regulatory landscape continues to shift after the Supreme Court’s decision to overturn Chevron deference, a new bill introduced by Rep. Pramila Jayapal [D-Wash.] and Sen. Elizabeth Warren [D-Mass.] aims to dramatically reshape the rulemaking process. The proposal, called the EXPERTS Act, directly targets the balance of power between federal agencies, courts, and private industry.
- More details here
Judge: Charged Off Status Was Accurate Despite Repayment Plans
- A District Court judge in California has granted a defendant’s motion for summary judgment in a Fair Credit Reporting Act and California Consumer Credit Reporting Agencies Act case, finding that the defendant accurately reported two loans as charged off and that the plaintiff failed to establish any inaccuracy in the reporting.
- More details here
Compliance Digest – November 24
- Insights from attorneys that you don’t have to pay for … is there a better kind of legal advice? In all seriousness, thanks to Akeela White, Chuck Dodge, David Grassi, Michael Poncin, James Sandy, Virginia Bell Flynn, and Dale Golden for sharing their insights into recent rulings and compliance developments.
- More details here
- This series is sponsored by Bedard Law Group
WORTH NOTING: The Consumer Financial Protection Bureau is hosting a Consumer Advisory Board meeting in December … What it’s like to be on a test run for a new cruise ship … Lawmakers aren’t yet ready to move to a cashless society … The Department of Government Efficiency has essentially been disbanded, according to published reports … Childcare is now officially the biggest line item in a family’s monthly expenses … A debate raging in our house, as well as houses across the country: when to put up the Christmas tree … The average cost of a new car continues to hit record levels … The impact that Black Friday sale shopping has on your brain.
Music Monday, part I
Music Monday, part II
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