Consumer Financial Protection Bureau

Consumer Financial Protection Bureau

As one of the preeminent CFPB practices in the United States, our team helps leading banks and financial services companies resolve CFPB issues and public enforcement actions.

Key Contacts

Experience

  • We have handled a variety of CFPB matters for a wide range of clients, including:

    • numerous financial institutions in supervisory matters that were resolved during the nonpublic supervisory process;
    • several major financial institutions in connection with CFPB inquiries regarding its new TILA-RESPA Integrated Disclosure rules;
      multiple large mortgage servicers in connection with CFPB investigations relating to mortgage servicing, loss mitigation and mortgage insurance arrangements;
    • a large mortgage servicer in front of the CFPB's Enforcement Division to the point that the CFPB ceased its investigation without taking action;
    • a large bank and card issuer in a CFPB enforcement investigation and enforcement proceeding related to debt sales and debt collection;
    • several major card issuers in separate CFPB enforcement matters concerning add-on products, and we have provided ongoing consent order implementation and compliance counseling;
    • a midsize depository institution in parallel CFPB, FDIC and OCC enforcement actions relating to deposit account products;
    • multiple major leading student loan servicers in CFPB and multistate Attorney General investigations and proceedings in connection with supervisory findings and PARR letters, and we have provided ongoing regulatory advice;
    • major national consumer reporting agencies in connection with the CFPB inquiries; 
    • a large short-term lender in connection with a CFPB inquiry regarding debt collection practices, and we have provided compliance counsel to others in the consumer lending industry;
    • a structured payments company in connection with a CFPB enforcement inquiry raising novel issues of CFPB jurisdiction;
    • emerging FinTech companies in bet-the-company CFPB investigations; and
    • a number of financial institutions in the fair lending context in both enforcement and supervision matters (for more information, visit our Anti-Discrimination page).

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