Webinar: In The Cross-Hairs? Protecting Your Company Against Consumer Financial Protection Bureau Investigations and Investors' Mortgage Buyback Claims

Bilzin Sumberg Webinar

Webinars
October 09, 2014

Watch an in-depth webinar presented by Litigation Partner Philip R. Stein, about the Consumer Financial Protection Bureau's attempts to expand its jurisdiction and authority over consumer finance companies and financial institutions. What are the boundaries of the Consumer Financial Protection Bureau’s authority? How might those boundaries continue to expand in the future? Are there ways that the CFPB can take action against a company even if it does not have true supervisory authority? These are just some of the questions that frustrated and concerned financial institutions and other consumer finance companies have been asking since the CFPB began operating in July 2011.

The CFPB’s jurisdiction is wide and its reach seems to grow longer as time passes. The CFPB has extended its supervisory jurisdiction to include credit bureau reporting agencies, debt collectors and student loan servicers. The bureau has even indicated that it will continue to expand its supervisory jurisdiction into other industries as well, including auto lending by non-banks. This webinar will focus on the CFPB's reach for an even greater level of authority, and what financial services companies can do to prevent themselves from being the next target of a CFPB investigation or enforcement action. The webinar will also cover the latest developments pertaining to defending against mortgage buyback demands.

About the Speaker

Phil Stein is a Partner in the Litigation Group at Bilzin Sumberg, where he focuses his practice on complex commercial litigation. Phil represents mortgage lenders, financial services companies and large national homebuilders on a broad range of issues, including defending against consumer finance-related claims.

.

Related Topics
Related Practices
RELATED PEOPLE
Philip R. Stein

Philip R. Stein

Partner, Litigation Practice Group Leader
YOU MIGHT ALSO LIKE
Financial Services Watch Blog November 02, 2017
On November 1, President Trump formally did away with a Consumer Financial Protection Bureau (CFPB) arbitration rule that would have given consumers the opportunity to file class actions against banks and other companies in the financial services industry. The CFPB rule was released in July 2017. It...
Publication June 02, 2017
Thousands of mortgage lenders across the country either recently received, or will soon be receiving, from Lehman Brothers Holdings Inc. a document that may seem innocuous, but likely presages a future lawsuit by LBHI against the recipient. The document is notice of a motion to approve a proposed se...
VIEW MORE