Consumer Finance Law: Understanding Consumer Financial Services Regulations

(Paperback)

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A global pandemic, ensuing economic decline, and mandated changes from the Dodd-Frank Act have provided greater challenges and opportunities in the consumer markets resulting in rapid change in the regulatory environment for businesses. To help lawyers understand this evolving practice area, Consumer Finance Law is a collection of the most critical consumer financial protection laws covered to help you stay relevant and current. Practical and timely, the guide is a resource for any lawyer or stakeholder seeking an introductory, high-level treatment of consumer finance laws. Leading experts have addressed both technical rule requirements and policy underpinnings of salient laws.

Faithful to the black letter law with respect to public debates regarding consumer protection policy, this comprehensive treatise only identified key policy goals where needed, in a dispassionate, neutral manner. The guide provides readers with an explanation of the complex federal agencies that enforce these laws and discusses:

• The purpose, objective and functions of the Consumer Financial Protection Bureau and Federal Trade Commission
• History of Unfair, Deceptive, and Abusive Acts or Practices and the 2020 Policy Statement
• Truth in Lending, Fair Credit Reporting Act, and fair lending
• Consumer bankruptcy law and overview of various chapters
• The creation of the Military Lending Act and its implementation
• And much more!

Author Bio

J. H. Jennifer Lee is the leader of the Consumer Financial Services team andco-leader of the FinTech group at Arent Fox. She specializes in defending largebank or non-bank clients in Consumer Financial Protection Bureau, FederalTrade Commission, and state agency matters, and counseling investors, big tech,financial services companies or banks on deals, regulatory matters, or publicpolicy. As a former CFPB enforcement official, Jennys expertise includes swiftresolution of investigations or contentious consumer litigation. Jenny is a highlyregarded commentator on financial services developments and is often quotedin national publications such as The Wall Street Journal, American Banker, TheNational Law Journal, Forbes, or Bloomberg. Nathan Viebrock is a partner at Viebrock + De Nittis where he represents bothconsumers and responsible financial services providers. He is an accomplished practitioner in consumer financial services law and has experience guiding clients on state and federal regulatory issues and product development in theareas of mortgage origination and servicing, auto finance, and consumer lending.He is well-versed in counseling clients on matters related to UDAAP, TILA,RESPA, FCRA, TCPA, ECOA, and CARD Act compliance. After beginning hiscareer at the CFPB, he also served as in-house product and regulatory counselat a nationally recognized FinTech company and advised clients on buildinginnovative financial services products at two of Americas largest law firms.