Showing posts with label predatory lending. Show all posts
Showing posts with label predatory lending. Show all posts

Friday, May 17, 2024

Gorsuch, Alito break from conservatives on CFPB ruling | The Hill

The justices' decision caps a battle that marked the biggest legal threat to the CFPB since its establishment in the wake of the 2008 financial crisis to crack down on predatory lending and enforce consumer protection laws. 

The challenge to its funding mechanism was brought by two lender trade associations and was backed by all the nation's Republican state attorneys general…

Wednesday, January 6, 2021

Seven states sue regulator over 'true lender' rule on interest rates | TheHill

In a complaint filed Tuesday, seven Democratic attorneys general asked the U.S. District Court-Southern District of New York to deem the OCC’s “true lender” rule illegal, echoing concerns voiced by fair lending advocates and some state regulators.....







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