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LEGAL NEWSLINE

Friday, March 29, 2024

Mark Powell News


Court says CFPB didn't have authority to issue Civil Investigative Demand

By Mark Powell |
WASHINGTON (Legal Newsline) - A federal appeals court has ruled that the Consumer Financial Protection Bureau overstepped its bounds when issuing a Civil Investigation Demand to the Accrediting Council for Independent Colleges and Schools (ACICS).

Second Circuit tells debt collectors to notify debtors of interest, late fees

By Mark Powell |
NEW YORK (Legal Newsline) - The U.S. Court of Appeals for the Second Circuit updated a section of the Fair Debt Collection Practices Act in a March ruling, prohibiting debt collectors from misleading consumers as it pertains to their debt and interest.