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Shipkevich PLLC

New York Legislature Passes Landmark FAIR Business Practices Act: Implications for Consumer Finance Lending and Debt Settlement...

Shipkevich PLLC on

On June 18, 2025, the New York Legislature passed the Fostering Affordability and Integrity through Reasonable (FAIR) Business Practices Act (the “FAIR Act”). This significant legislation marks the most substantial update to...more

Sheppard Mullin Richter & Hampton LLP

CFPB’s Settlement Imposes Permanent Ban on Defunct Student Loan Relief Company and Its Owner

Sheppard Mullin Richter & Hampton LLP on

On December 3, the CFPB filed a proposed settlement to resolve a long running lawsuit against a student loan relief company and its owner (collectively, the “Defendants”). The settlement bars the company from offering or...more

Ballard Spahr LLP

Former Colorado regulator and consumer advocate Laura Udis to join CFPB as manager for payday lending program

Ballard Spahr LLP on

We have learned that, starting Monday, Laura Udis will join the CFPB as the Payday and Small Dollar Lending Program Manager in Research, Markets and Regulations. Ms. Udis comes to the CFPB from the Consumer Federation of...more

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