Rebecca Tesfaye

Rebecca Tesfaye

Morrison & Foerster LLP

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Take 2: CFPB Provides New Guidance About What Constitutes “Abusive”

On April 3, 2023, the Consumer Financial Protection Bureau (CFPB or “Bureau”) issued new guidance about what constitutes an abusive act or practice under the Consumer Financial Protection Act (the “Policy Statement”). This...more

4/25/2023  /  Abusive Acts , Consumer Financial Products , Consumer Financial Protection Bureau (CFPB) , Corporate Counsel , Financial Services Industry , Policy Statement , UDAAP
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