U.S. Supreme Court Rules that FDCPA Statute of Limitations Begins to Run When Violation Occurs
The U.S. Supreme Court recently ruled that an action under the FDCPA must be brought within one year from the date when the alleged violation... Read More
Litigation Developments
5th Circuit: Repeated Bankruptcy Tolled Foreclosure Statute of Limitations
The U.S. Court of Appeals for the Fifth Circuit recently held that Section 362(c)(3)(a) of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005... Read More
Court Issues TRO Against Service Provider after FTC and Ohio AG Alleged that it Helped Promote Credit Card Interest Reduction Scheme
At the request of the FTC and Ohio AG, the U.S. District Court for the Western District of Texas recently issued a temporary restraining order... Read More
2nd Circuit Holds Loan from Federal Reserve Bank Covered by False Claims Act
The U.S. Court of Appeals for the Second Circuit recently ruled that, under certain circumstances, an entity which borrows money from a Federal Reserve Bank... Read More
8th Circuit: Loan Repurchase Obligation Ended with Foreclosure
In a loan repurchase suit brought by a loan purchaser against a loan seller, the U.S. Court of Appeals for the Eighth Circuit recently held... Read More
Administration Seeks Supreme Court Review of FHFA Exceeding Its Powers
The Administration petitioned the Supreme Court for review of an appellate decision finding that the Federal Housing Finance Agency (FHFA) exceeded its statutory powers when,... Read More
8th Circuit Rejects Nationwide Class Certification in Consumer Protection Action
Recently, the Eighth Circuit Court of Appeals rejected a district court’s nationwide class certification decision because non-Missouri class plaintiffs could not pursue an action under... Read More
11th Circuit Addresses False Pretenses and Reverses FCRA Suit Against National Bank
The U.S. Court of Appeals for the Eleventh Circuit recently reversed in part and affirmed in part a district court’s dismissal of a consumer’s FCRA... Read More
FTC Sues Student Loan Debt Relief Companies
The FTC recently filed a complaint against a group of student loan debt relief companies, several of the companies’ individual officers, and a relief defendant... Read More
District Court Grants Class Certification in Usury Suit
The U.S. District Court for the District of New Jersey recently certified two proposed classes of New Jersey residents in an action seeking damages for... Read More
Mortgage Relief Provider Ordered to Pay $59M in Restitution and Civil Penalties
On November 4, 2019, the U.S. District Court for the Western District of Wisconsin ordered two former mortgage relief providers and their principals to pay... Read More
Supreme Court Agrees to Hear Case on Whether SEC Can Seek Disgorgement as a Remedy for Securities Violations
The U.S. Supreme Court agreed to hear a case regarding whether the Securities and Exchange Commission (SEC) can seek disgorgement as a remedy for securities... Read More
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