Expanded Use of Dodd-Frank UDAAP Provisions: Enforcement and Examination by CFPB and State AGs, Recent Federal and State Cases, State Authority under § 1042, Officer and Manager Liability as a “Related Person,” and More

January 29, 2015 11:35am

Sanjay Ibrahim
Parker Ibrahim & Berg LLC

Andrew K. Stutzman

Stradley Ronon Stevens & Young LLP

  • UDAAP enforcement actions
  • How to deal with the overlap in State and Federal jurisdiction
    • State AG’s and the CFPB
  • The CFPB’s focus on UDAAP
    • What practices has the CFPB targeted?
  • States’ authority under § 1042
  • Recent case law
  • 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