News & Analysis as of

Small Business Loans UDAAP Fair Lending

Sheppard Mullin Richter & Hampton LLP

FTC Granted Injunction in Small Business Lending Case 

The CFPB has recently dismissed two more enforcement actions—one against a major credit reporting agency and another against a lease-to-own financing provider. Both lawsuits involved allegations of abusive, unfair, and...more

Spilman Thomas & Battle, PLLC

Promissory Notes - Banking & Finance Insights, Volume 2, Issue 8

Biden Signs Bills Aimed at Catching Pandemic Business Loan Cheats - "President Joe Biden signed a pair of bills that will give the Justice Department more time to investigate and prosecute people accused of fraudulently...more

Ballard Spahr LLP

CFPB issues annual fair lending report (UPDATED)

Ballard Spahr LLP on

The CFPB recently issued its annual fair lending report covering its fair lending activity in 2021. ...more

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