Blog Posts in 2015
Posted on Oct 21, 2015 By Bridgeforce Law
Overview The U.S. Office of the Comptroller of the Currency (OCC) has historically taken the lead among bank regulators in establishing expectations for bank directors, beginning with publication of ...
Continue reading "The OCC's Standards for Bank Directors: Heightened Expectations Extend Beyond Large Banks" »
Posted on Sep 16, 2015 By Bridgeforce Law
Summary of the key findings of the Consent Orders that the CFPB issued against the two largest U.S. debt buyers, Encore and Portfolio Recovery Associates, on September 9 th. The paper focuses ...
Continue reading "CFPB Consent Orders Against Two Largest Debt Buyers Pose Broad Implications" »
Posted on Aug 19, 2015 By Bridgeforce Law
Overview An accurate understanding of the impacts of Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, known as the Consumer Financial Protection Act (CFPA), on the ...
Continue reading "Understanding UDAAP An "Under the Hood" View of the Legal Underpinnings" »
Posted on Jul 15, 2015 By Bridgeforce Law
On Friday, July 10, 2015, the Federal Communications Commission (FCC) issued its TCPA Omnibus Declaratory Ruling and Order (the Omnibus Order) in connection with the rulings that were narrowly ...
Continue reading "Highlights from the FCC TCPA Omnibus Ruling and Order" »
Posted on Jul 15, 2015 By Bridgeforce Law
Broad-based regulatory scrutiny by multiple regulators on the fair treatment of servicemembers goes beyond compliance with the SCRA. On July 8, 2015, the Office of the Comptroller of the Currency ...
Continue reading "Regulator Focus on Servicemembers' Treatment Continues With Newest OCC Consent Order Against Chase" »
Posted on Jun 26, 2015 By Bridgeforce Law
Bridgeforce Law provides details and analysis of Bank of America's recent penalty and consent order with emphasis on where financial institutions need to focus efforts to be compliance-ready ...
Continue reading "Violators of SCRA Compliance in Regulators' Crosshairs" »
Posted on Jun 22, 2015 By Bridgeforce Law
Read details and analysis from Bridgeforce Law on recent FCC rulings affecting financial institutions and their communications programs. Summary At its June Open Commission Meeting on June 18, 2015, ...
Continue reading "FCC Gets Tougher on Auto-Dialed Calls and Text Messages" »
Posted on Jun 2, 2015 By Bridgeforce Law
Highlights of Bank of America’s recent penalty and consent order with emphasis on the need for financial institutions to focus their efforts on enterprise-wide compliance activities. Summary The ...
Continue reading "OCC Issues Consent Order and Assesses $30 Million Civil Penalty Against Bank of America" »
Posted on May 25, 2015 By Bridgeforce Law
Bridgeforce Law analyzed details of the settlement between CFPB and PayPal, which sheds new light on the CFPB's interpretation of the "abusive" prong of UDAAP. Overview On May 19, 2015, ...
Continue reading "CFPB's PayPal Complaint Breaks New Ground" »
Posted on May 18, 2015 By Bridgeforce Law
Bridgeforce Law announced that Mark Dabertin, a highly accomplished legal executive with over 25 years of experience at leading financial institutions and the OCC, has joined Bridgeforce Law to deepen ...
Continue reading "Bridgeforce Law, P.C. Announces Expansion of its Regulatory Compliance Practice by Hiring Mark Dabertin" »
Posted on May 11, 2015 By Bridgeforce Law
Bridgeforce Law, P.C. and Bridgeforce Inc. analyze the challenges and complexities innate to financial institutions’ handling of consumer bankruptcies with the joint release of a white paper ...
Continue reading "Antiquated Financial Institution Consumer Bankruptcy Processes Need an Overhaul According to New Bridgeforce Law Paper" »
Posted on Mar 20, 2015 By Bridgeforce Law
Bridgeforce Law, P.C. and Bridgeforce Inc. have been invited to speak on credit bureau compliance at the Consumer Bankers Association’s Annual conference, which expects over 1200 financial ...
Continue reading "Kurt Kline of Bridgeforce Law to Present at CBA Live 2015" »
Posted on Mar 11, 2015 By Bridgeforce Law
Bridgeforce Law, P.C. and Bridgeforce Inc. review the recent CFPB Arbitration Study focused on mandatory arbitration provisions in consumer contracts and provide highlights and required next steps for ...
Continue reading "Mandatory Arbitration Clauses in Consumer Contracts" »
Posted on Mar 4, 2015 By Bridgeforce Law
Bridgeforce Law, P.C. and Bridgeforce Inc. provide some perspectives and recommended actions on UDAAP in response to the recent Department of Education release of collection agencies for acts that ...
Continue reading "Department of Education increases focus on regulatory compliance and UDAAP specifically" »