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The CFPB channel: Takeaways from three recent enforcement actions (Pt. 2)
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Consumer Protection
Friday, October 31, 2014
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Deciphering the CFPB’s expectations is getting even harder as the agency increasingly makes use of consent orders and enforcement actions to convey its messages. Dodd Frank Update spoke with Richard Andreano, a partner at Ballard Spahr LLP, and Richard Horn, a partner at Dentons, to get their thoughts on some of the bureau’s recent consent orders. Read on to learn what they had to say about one enforcement action that has caused a great deal of concern, particularly among those in the real estate settlement services space.
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