Regulatory & Supervisory Matters

TCPA Theories: Developing Trend in Consumer Litigation Law

March 2, 2015
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In 1991, the Federal Communications Commission (“FCC”) implemented the Telephone Consumer Protection Act (“TCPA”).  Generally, the TCPA prohibits unwanted solicitation calls made by automatic telephone dialing systems or by using artificial (or prerecorded) voices, unless the consumer gives “prior express consent.”  Contrary to many misconceptions, calls that fall under the ambit of the TCPA do […]

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CFPB Issues New Guidance on HMDA Data Accuracy and Resubmission Guidelines

February 3, 2014

As you may have read, the Consumer Fraud Protection Bureau (CFPB) recently imposed civil money penalties on Mortgage Master, Inc. and Washington Federal for Home Mortgage Disclosure Act (HMDA) data reporting inaccuracies in the amounts of $425,000 and $34,000, respectively. These are relatively small reporting entities, ranging from over 5,700 entries for Washington Federal to […]

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