CFPB Finalizes Rule Dramatically Curtailing Arbitration Agreements
The Consumer Financial Protection Bureau today finalized a controversial rule that prohibits customers from waiving their ability to participate in...
Legal
ABA Requests Meeting with DOJ on Fair Lending
To ensure that fair housing and fair lending are being enforced appropriately and effectively, ABA and four other banking trade...
NCUA, Credit Union Trades File Briefs in Field of Membership Case
The National Credit Union Administration last week filed a brief in ABA v. NCUA challenging that ABA’s view that NCUA’s...
ABA, Trade Groups Call for Litigation Relief under TCPA
ABA and a coalition of business trade associations yesterday urged the House Judiciary Committee to rein in the incentives created...
Supreme Court: Banks That Buy and Hold Debt Are Not ‘Debt Collectors’ under FDCPA
A bank that collects on debts it has bought and holds “for its own account” is not a debt collector...
Sessions Ends Controversial Third-Party Settlement Payments
Attorney General Jeff Sessions today ended a controversial Department of Justice practice from the previous administration in which portions of...
ICBA, State Associations File Briefs in Support of ABA Litigation
The Independent Community Bankers of America and 51 state bankers associations have filed friend-of-the-court briefs in support of ABA’s lawsuit...
ABA Files Motion for Summary Judgment in Credit Union Field of Membership Case
ABA today filed a motion for summary judgment in its case challenging the National Credit Union Administration’s final rule expanding...
ABA and Washington Federal Seek Summary Judgment in Fed Dividend Case
ABA and Washington Federal on Wednesday filed a motion for summary judgment in their class action lawsuit seeking over $1.1...
Supreme Court Limits Ability of Patent Assertion Entities to Cherry-Pick Courts
The Supreme Court today reversed a lower court finding and dealt a blow to the ability of patent assertion entities...
