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Nonbank Firms Preliminary Injunctions Consumer Financial Protection Bureau (CFPB)

Davis Wright Tremaine LLP

Banking and Consumer Regulatory Digest - May 2024 - 2

Consumer Financial Protection Bureau. Credit card late fees. On May 10, 2024, a federal district judge in the Northern District of Texas granted a preliminary injunction that for now stays CFPB's rule capping most credit card...more

Ballard Spahr LLP

Nonbank floorplan lender and trade association for nonbank providers of equipment and vehicle financing file motion seeking to...

Ballard Spahr LLP on

Yet another unopposed emergency motion for leave to intervene has been filed in the Texas lawsuit challenging the CFPB’s final small business lending rule (Rule).  The latest proposed intervenors are XL Funding, LLC d/b/a...more

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