Effect of UDAAP Standards on the ConsumerFinance Litigation Landscape

October 23, 2014 11:00am


Andrew K. Stutzman
Stradley Ronon Stevens & Young, LLP

Jennifer L. Gray

Greenberg Traurig, LLP

  • UDAP/UDAAP enforcement actions
  • The CFPB and UDAAP
  • What practices has the CFPB targeted?
  • Assessing the definition of ‘abusive’ practices: Potential pitfalls for financial institutions; What types of products or aspects of origination and servicing may be ‘abusive’?; Lessons learned from recent enforcement actions
  • Addressing potential UDAAP concerns
  • Minimizing exposure to UDAAP issues
  • How to deal with the overlap in State and Federal jurisdiction
  • Key state UDAP developments