• A Survey Of CFPB UDAAP Actions
  • November 9, 2017 | Authors: Michele Bresnick Walsh; Robert A. Gaumont; Marjorie A. Corwin; Christopher R. Rahl; Andrew Keith Wichmann
  • Law Firm: Gordon Feinblatt LLC - Baltimore Office
  • On September 13, 2017, Christopher Rahl (together with his co-author Adam Maarec of Davis Wright Tremaine LLP) published an article for the American Bar Association, Business Law Section, Consumer Financial Services Committee, A Survey of Activities Identified as Unfair, Deceptive, or Abusive by the CFPB. The article provides a detailed summary of enforcement actions brought by the Consumer Financial Protection Bureau (CFPB) concerning unfair, deceptive, and abusive acts or practices (UDAAPs) in the first half of 2017. A review of the specific acts or practices identified by the CFPB as being problematic and resulting in UDAAP violations is instructive for industry participants in conducting their own internal compliance reviews to ensure that they do not engage in similar practices. If you have questions about this topic or for assistance with any compliance review, please contact Christopher Rahl.