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MoFo Reenforcement The Enforcement Blog

Financial Services Report – Fall 2016

Posted in Add On Products, Arbitration, CFPB, Credit Cards, Credit Reports, Disparate Impact, Electronic Payments, Enforcement Actions, Fair Lending, Foreclosure, Military Issues, Mobile Payments, Mortgage, Payday Lending, Preemption, Privacy, Regulatory Developments, UDAAP

So much for summer! The weather is cooling, the kids are back to school, and we better not see you wearing white so long after Labor Day! For those of you having a little trouble getting back in the swing of things, we thought we’d lead with just a few of the animals making headlines recently: a skateboarding cat made her way into the Guinness Book of World Records by performing 20 skateboarding tricks in one minute; a bear spent the day hanging out on a Colorado University campus; and a cockatoo stole its owner’s breakfast. If you are thinking of another career path, a traveling cat circus is seeking a stage assistant.

If you’ll be sticking with your day job, read on for news about the CFPB’s largest assessment of civil money penalties, the Supreme Court’s decision to hear the latest effort of municipalities to hold mortgage lenders responsible for lost tax revenue due to foreclosures, and the latest on the Privacy Shield.

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