The CFPB was established on July 21, 2010, under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).[i]  The CFPB was established as an independent bureau within the Federal Reserve System and is an Executive agency.[ii]  Dodd-Frank authorizes…

As a positive for many lenders, SCOTUS recently issued an opinion explaining that the FDCPA applies to third-party collection agents working for a debt owner – not a lender who originally lent the money or some other entity who later…