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On February 28, 2023, the Federal Trade Commission (“FTC”) and Consumer Financial Protection Bureau (“CFPB”) issued a Request for Information (“RFI”) seeking public comment on background screening issues affecting rental housing applicants and tenants in the United States. The 10-page RFI, which the...

​In Bureau of Consumer Financial Protection v. Townstone Financial, Inc ., the Consumer Financial Protection Bureau (“CFPB”) brought suit against Townstone, a mortgage broker/lender, and its co-founder and chief executive, Barry Sturner (“Sturner”) for alleged violations of the Equal Credit...

Partners Rohit Kapuria and Ronald Fieldstone will speak during the 2023 EB-5 & Global Immigration Expo in Miami. The expo will offer high-quality education from industry leaders and will feature interactive panels moderated by experienced immigration and global migration professionals. The panels...

Associate Tom Laser will present during the semi-monthly meeting of the Chicago Bar Association's Consumer Finance Committee. The topic will be the 5th Circuit Court of Appeals' recent decision declaring that the Consumer Financial Protection Bureau's funding structure is unconstitutional.

The CFPB Funding Is Under Constitutional Attack. Does the Bureau Survive? Francis "Trip" Riley, Co-Chair of the firm's Consumer Financial Services Litigation Practice, will participate as a speaker during an upcoming RESPRO webinar. This webinar will look at the history leading up to the Community...

The Consumer Financial Protection Bureau (“CFPB”) is grappling with determining the most effective means of regulating the buy now pay later industry. BNPL allows a consumer to obtain a product or services immediately at the time of purchase and to make installment payments on the purchase over time...

RESPA COMPLIANCE: AVOID PESKY SECTION 8 VIOLATIONS Francis "Trip" Riley III, co-chair of the Firm's Consumer Financial Services Litigation Practice, will be speaking during a ALTA Insights webinar on RESPA Compliance. The Consumer Financial Protection Bureau's (CFPB’s) more aggressive approach to...

FUND ADMINISTRATION VS. ANNUAL AUDIT Rohit Kapuria, a Partner in the Firm's EB-5 Practice, will speak during a JTC Americas webinar. On 6/24/22, a federal court granted a preliminary injunction in the case of Behring Regional Center, LLC, v. Alejandro Mayorkas, et al., overturning the USCIS’s...

NEXT STEPS FOR INVESTORS AND DETAILS ON SALTAIRE (URBAN) & TWIN LAKES (RURAL) PROJECTS Rohit Kapuria, a Partner in the Firm's EB-5 Practice, to speak at an EB5 Affiliate Network Webinar. The webinar will cove the current state of the EB-5 Regional Center Program following the recent court ruling...