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Consumer Financial Products Consumer Financial Protection Act (CFPA) Lead Generators

Venable LLP

Why the CFPB’s Preferencing and Steering Practices Circular Should Scare Lead Generators and Consumer Financial Services Providers

Venable LLP on

If you’ve been focused on only the high-level statements from the CFPB, you might already expect Rohit Chopra to fashion himself and the agency as “pro-consumer.” Consistent with that approach, the agency just signaled its...more

Ballard Spahr LLP

CFPB Press Release and Circular cite “abusive” steering practices in connection with comparison-shopping tools and lead generators

Ballard Spahr LLP on

On February 29, 2024, the Consumer Financial Protection Bureau (“CFPB”) issued Consumer Financial Protection Circular 2024-01, Preferencing and steering practices by digital intermediaries for consumer financial products or...more

Troutman Pepper

CFPB Warns Digital Comparison-Shopping Operators and Lead Generators That Steering Consumers Could Violate the CFPA, But Fails to...

Troutman Pepper on

Can digital comparison-shopping operators or lead generators violate the Consumer Financial Protection Act (CFPA) by preferencing products or services based on financial benefit? According to today’s guidance issued by the...more

Bressler, Amery & Ross, P.C.

Lead Generation in Financial Services: Let Both the Buyer and the Seller Beware

Lead generation in the insurance field has become a robust business over the last decade  as competition increases and the market place remains stable or shrinking. The advent of sales on an electronic platform, cross...more

Ballard Spahr LLP

CFPB enters into consent order with operator of consumer lead resale business

Ballard Spahr LLP on

The CFPB announced last week that it has entered into a consent order with an individual who had operated a defunct business that resold consumer leads to settle charges that the business sold leads to debt collectors who...more

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