The Massachusetts Attorney General settled allegations against student loan lender Earnest Operations LLC for practices that violated various state and federal consumer protection and fair lending laws, including the use of artificial... Read more »
On April 2, 2025, the Ninth US Circuit Bankruptcy Appellate Panel ruled that the lender, Newtek Small Business Finance LLC, failed to properly perfect its security interest and, as a result, had... Read more »
On February 23, the Consumer Financial Protection Bureau announced its first public decision designating a nonbank lender for supervision based on the institution’s potential risk to consumers. According to the Bureau, the installment lender,... Read more »
On January 11, 2024, an administrative law judge for the NLRB issued an opinion holding that the employment agreement used by a major mortgage lender for all of its approximately 6,000 employees violates the... Read more »