In what appears to be the first lawsuit by a state attorney general of its kind, the Illinois AG recently filed a state court lawsuit against a small loan lender alleging violations of the Dodd-Frank prohibition of unfair, deceptive or abusive acts or practices in addition to violations of state law. … Continue Reading
Unfair Deceptive or Abusive Acts or Practices
Tunstall to Address American Bankers Association on UDAAP Issues
By CFPB Monitor on
Posted in CFPB General, Regulatory and Enforcement
The American Bankers Association has invited me to speak at their series of telephone briefings on Unfair, Deceptive or Abusive Acts or Practices, or UDAAP. I will be a panelist for two of the briefings—”UDAAP Issues in Operations and Product Design” on July 10, 2012, and “Social Media and the UDAAP Impact” on July 24, 2012.… Continue Reading