…and selling loan modification and debt relief services in the state of Delaware. According to the cease and desist agreement, the companies and their principals operated a foreclosure rescue scam…
…and selling loan modification and debt relief services in the state of Delaware. According to the cease and desist agreement, the companies and their principals operated a foreclosure rescue scam…
On June 13, 2019, the Department of Justice (DOJ) announced that it filed a complaint and settlement agreement in the U.S. District Court for the Southern District of Indiana resolving…
On May 21, 2019, the North Carolina Attorney General’s office (AG) announced that it had obtained a temporary restraining order (TRO) as a result of a consent agreement with a…
…47 U.S.C. § 227(b)(1)(A)(iii). That provision, however, is not violated where the call recipient has given “prior express consent.” Id. at § 227(b)(1)(A). Revitch—who is not a Citibank customer—claimed that…
On February 13, 2019, the U.S. Attorney for the Eastern District of California announced an agreement with a California-based mortgage company to resolve alleged violations of the False Claims Act…
On January 15, 2019, the Supreme Court issued an important decision regarding the enforceability of certain arbitration agreements under the Federal Arbitration Act (FAA). In New Prime Inc. v. Oliveira,…
…deceptive practices in violation of the Consumer Financial Protection Act (CFPA), 12 U.S.C. §§ 1031, 1036(a)(1), 1054, and 1055, by opening store credit-card accounts without customer consent; enrolling customers in…
…efforts to collect amounts owed by former students living in the states participating in the agreement. The company will also make a $5 million payment to the participating states and…
…liability for businesses who unknowingly call a phone number they understand belongs to a particular customer or potential customer, but which has actually been reassigned to a different consumer. To…
…practices that were not compliant with applicable state law. The consent agreement follows a compliance examination of the company. The examination culminated with the issuance of a report finding that…
…and failed to self-report loans identified by auditors as violating HUD underwriting guidelines. The lender has admitted to the “covered conduct” described in the settlement agreement, but has not admitted…
On December 11, 2018, the Massachusetts Division of Banks (“Division”) entered into a consent agreement with a California small loan company and licensed debt collector to resolve allegations that the…
…Brady Tucker claims that Chase assesses customers “surprise” fees by treating the purchases of crypto currencies as cash advances, instead of goods purchased, without prior notice. He brought his claim…
…conclusions about whether the equipment at issue must generate random or sequential telephone numbers or whether merely storing numbers to be called is sufficient. In Roark, a customer of Credit…
…to 2014 it did not have any written policies or procedures with respect to the SCRA’s protections against certain auto repossessions. Under the agreement, the credit union has agreed to…
On Monday, October 29, 2018, the Federal Trade Commission (“FTC”) announced that it reached a settlement agreement with an online student loan refinancer relating to charges that the company deceptively…
On October 24, 2018, the Illinois Attorney General (Illinois AG) announced that it had entered into a settlement agreement with a mortgage company resolving an investigation by the Illinois AG’s…
…filed suit against the FHFA, challenging an agreement in which Fannie Mae and Freddie Mac—which were under the FHFA’s conservatorship in the wake of the financial crisis—agreed to sell preferred…
…connection with removing debris in the wake of 9/11. RD Legal entered agreements with individuals entitled to receive payments from those funds, in exchange for the individual’s agreement to pay…
On June 14, 2018, the California Attorney General announced that it had entered into a settlement with a company holding nearly 35,000 private student loans across California. In the complaint,…