[Video] Ballard Spahr LLP on the Consumer Financial Protection Bureau

We’re pleased to note that law firm Ballard Spahr is extending its ongoing and excellent coverage of the Consumer Financial Protection Bureau (CFPB) by posting attorney videos on JD Supra. For your reference:

On CFPB Supervision:


Alan Kaplinsky, head of Ballard Spahr’s nationally recognized
Consumer Financial Services Group and a pioneer in pre-dispute
arbitration: “In my more than 40 years as a consumer financial services lawyer, I have not witnessed an event as momentous to the industry as the creation as the CFPB…”

On CFPB Enforcement:


Enforcement investigations already have begun for credit card payment
products, debt collectors, auto lenders, student lenders, and private
mortgage insurance. Chris Willis, Consumer Financial Services litigator and leader of Ballard Spahr’s task force on Fair Lending: “I have no doubt that the number of scope of these investigations will increase in the following year…”

On CFPB Regulation:


John Socknat, who leads Ballard Spahr’s Mortgage Banking practice: “We are in the midst of an unprecedented level of regulation in the residential mortgage space, some of which could be the most significant rulemaking in the history of mortgage lending regulation…”

Visit Ballard Spahr’s JD Supra portfolio for additional videos as they come in, as well advisories and updates on the CFPB and other legal issues of the day.