Auto Finance
Supreme Court to Take a Stand on Standing, Granting Cert. of 9th Circuit’s Ramirez DecisionSouthern District of New York Dismisses Putative Class Complaint Alleging Auto Insurer’s Use of Payment Plan Installment Fees Violated the New York Deceptive Practices ActNissan Becomes Most Recent Target of CFPB Ire: Auto Finance Company Enters into $4 Million Consent Order for Alleged Unlawful Repossession Acts
Background Screening
Professional Background Screening Association Wins Freedom of Information Appeal Against Arkansas Clerk of CourtSupreme Court to Take a Stand on Standing, Granting Cert. of 9th Circuit’s Ramirez DecisionEleventh Circuit Weighs in on FCRA “Legitimate Business Purpose,” Affirms Dismissal in Favor of Defendant Who Accessed Credit Report to Verify Identity and Eligibility
Credit Reporting & Data Brokers
Home Security Company Will Pay $600,000 Civil Penalty in FCRA Settlement for Failing to Provide Risk-Based Pricing NoticeContext Matters: Court Grants Summary Judgment for Defendant and Emphasizes that Entire Tradeline Must be Analyzed in FCRA ClaimsMaine Federal Court Finds State-Imposed Credit Reporting Restrictions Preempted by the FCRA
Debt Buyers & Collectors
Ambiguity in Debt Collection Letters: The United States District Court for the Middle District of North Carolina Denies Motion to Dismiss FDCPA Class Action ClaimState Attorneys General File Suit Against OCC, Alleging History May Repeat Itself7th Circuit Challenges Whether Plaintiffs Had Standing in Recent District Court Cases
Mortgage Lenders & Servicers
State Attorneys General File Suit Against OCC, Alleging History May Repeat ItselfThe CFPB Revises Reg. Z’s Qualified Mortgage Loan Criteria in Anticipation of the GSE Patch’s ExpirationPolk County, Florida Board of Commissioners Votes to Allocate Portion Of $2.8M Received In CDBG-CV Funds to Rental Assistance Program
Payment Processing & Cards
FTC Settles with Payment Processor and Former CEO for $1.5 Million Over Charges They Facilitated FraudConstitutional Standing is Like a Box of Chocolates: Eleventh Circuit Spits FACTA Settlement Agreement Back to the Lower CourtTexas Court Denies Defendants’ Motion to Dismiss FDCPA Claim Over Statute of Limitations Defense