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Lenders Enforcement Priorities Regulatory Reform

Orrick, Herrington & Sutcliffe LLP

CFPB announces it will not enforce its payday lending rule

On March 28, the CFPB announced it would not prioritize enforcement or supervision actions related to penalties or fines associated with the payment withdrawal and payment disclosure provisions of the “Payday, Vehicle Title,...more

Holland & Knight LLP

With Just 2 Days to Spare, CFPB Provides Enforcement Reprieve on Payday Lending Rule

Holland & Knight LLP on

Just two days before its Payday, Vehicle Title, and Certain High-Cost Installment Loans final rule was slated to go into effect (and eight years after it was finalized), the Consumer Financial Protection Bureau (CFPB)...more

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