Searching Content by William Hurd from Troutman Sanders LLP ordered by Published Date Descending.
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Court Rules That Small Loan Companies Are Exempt From Virginia Consumer Protection Act
In a decision of far-reaching importance, a Virginia trial court recently ruled – twice – that small loan companies are exempt from regulation under the Virginia Consumer Protection Act ("VCPA").
United States
9 Mar 2018
Federal Judge Denies Injunction, Leaving Trump Appointee Mick Mulvaney Head Of CFPB
Mick Mulvaney, President Donald J. Trump's choice to head the Consumer Financial Protection Bureau ("CFPB" or "Bureau") until a permanent director can be appointed, will remain in place ...
United States
1 Dec 2017
CFPB Director's Resignation Sparks Conjecture About Future Leadership
On November 15, as has been widely reported, the Director of the Consumer Financial Protection Bureau, Richard Cordray, announced by email to his staff that he would be resigning at the end of the month.
United States
21 Nov 2017
Vapor Plaintiffs File Notice Of Appeal In Deeming Regulation Challenge
The District Court held for the FDA on competing Cross Motions for Summary Judgment, denying all of the plaintiffs' statutory and constitutional challenges to the Deeming Regulation.
United States
6 Sep 2017
CFPB Will Appeal Decision Blocking Its Investigation Into College Accreditation Organization
In August 2015, the CFPB issued a CID to the Accrediting Council for Independent Colleges and Schools, seeking information on the organization's accreditation process for for-profit colleges.
United States
24 Jun 2016
Supreme Court Will Review FDCPA Case Targeting Ohio Special Counsel Law
According to Ohio Rev. Code § 109.08, the state's Attorney General may contract with private attorneys to collect on debts owed to the state.
United States
23 Dec 2015
Groundbreaking: Cordray Heads Inaugural CFPB Appeal Hearing
On March 9, a regulatory milestone occurred. Consumer Financial Protection Bureau Director Richard Cordray presided over oral arguments in the first ever appeal of a CFPB administrative enforcement action.
United States
14 Apr 2015
CFPB Director Cordray Addresses National Association Of Attorneys General
Several attorneys from Troutman Sanders attended this week’s meeting of the National Association of Attorneys General in Washington, during which Richard Cordray,
United States
4 Mar 2015
Banking Industry Protests CFPB Military Lending Study
On January 16, the American Bankers Association (ABA) issued a letter opposing a proposal offered by the Department of Defense to amend the regulations that implement the Military Lending Act.
United States
3 Feb 2015
Supreme Court Clarifies Borrowers’ Right to Rescind Under TILA
In a major, unanimous decision on the Truth in Lending Act, the Supreme Court resolved a circuit split and clarified borrowers’ rescission rights under TILA.
United States
23 Jan 2015
CFPB Issues Bulletin On Verifying Disability Income In Mortgage Lending
The CFPB issued a compliance bulletin reminding lenders of their legal obligations when underwriting mortgage loans for Social Security disability recipients.
United States
7 Jan 2015
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