Consumer Financial Services Law Blog

Services

Dykema Gossett PLLC

Consumer Financial Services Law Blog

Services

Consumer Financial Services Law Blog

News and analysis regarding Consumer Financial Services litigation and regulation, and activities of the Consumer Financial Protection Bureau


Get updates by email

RSS Subscribe to this blog's feed
Twitter Follow us on Twitter

Contributors

With some 400 lawyers and other professionals in 15 offices throughout the United States, Dykema provides comprehensive transactional, litigation, government policy, and other legal services to clients of all sizes – from global Fortune 100 companies to middle-market companies and new start-ups – across a myriad of industries.  Dykema maintains leading national vertical industry practices with substantial depth and experience, including financial institutions, automotive, energy and electric distribution and pharmaceutical/medical devices.  Dykema’s national practice areas include: consumer financial services, regulatory and compliance, litigation and arbitration, bankruptcy and restructuring, corporate finance, employee benefits, employment, environmental, government policy, health care, intellectual property, real estate, and taxation and estates.  For more information, visit dykema.com.

Consumer Financial Services and Financial Services Regulatory and Compliance Practices

Dykema's Consumer Financial Services Practice and Financial Services Regulatory and Compliance Practice focus on providing strategic legal counsel to clients across the full spectrum of retail banking and consumer financial services.  We represent financial institutions, retailers, insurance companies, service providers and trade associations in consumer, commercial, corporate compliance, regulatory, administrative and enforcement matters involving local, state and federal financial services laws and regulations.  Our clients include state and national banks, credit unions, technology service providers, outsourcers, mortgage lenders, mortgage brokers, mortgage servicers, deferred presentment companies, internet lenders, installment lenders, automobile dealerships, finance companies, money transmission companies, debt management companies, debt collectors, manufactured housing lenders and numerous retailers.

Dykema’s attorneys counsel and defend clients on various federal statutes affecting consumer lending, including the Dodd–Frank Wall Street Reform and Consumer Protection Act, the Truth in Lending Act (TILA) and Regulation Z; the Consumer Leasing Act and Regulation M; the Home Ownership and Equity Protection Act (HOEPA); the Fair Housing Act; the Truth in Savings Act (TISA); the Fair Credit Reporting Act (FCRA), including the Fair and Accurate Credit Transactions Act (FACTA), including compliance with the new Red Flag Rules concerning identity theft; the Equal Credit Opportunity Act (ECOA); the Home Mortgage Disclosure Act (HMDA); the Magnuson-Moss Warranty Act; the Real Estate Settlement Procedures Act (RESPA); the Fair Debt Collection Practices Act (FDCPA), as well as state debt collection statutes; the United States Bankruptcy Code; the Gramm-Leach-Bliley Act (including regulations issued by the FTC and OCC, among others); FTC rules concerning consumer credit practices (e.g., the Telemarketing Sales Rule and the FTC Holder Rule); the primary federal usury statutes, including the National Bank Act, the Home Owners Loan Act (HOLA) and the Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA); the Alternative Mortgage Transactions Parity Act (AMTPA); the Community Reinvestment Act (CRA); the Electronic Fund Transfer Act (EFTA); the Expedited Funds Availability Act; the Electronic Signatures in Global and National Commerce Act (E-SIGN); and the Uniform Electronic Transactions Act (UETA). We also provide counsel and advice on state consumer credit laws including regulation of 1st and 2nd mortgage lenders, brokers and servicers, installment loans, deferred presentment loans, motor vehicle finance, regulated lender loans, money transmission services and home improvement finance loans.

Dykema attorneys provide counsel and assistance to a broad range of both large and small businesses in the consumer financial services and related industries. Our clients include state and national banks, credit unions, mortgage lenders, mortgage brokers, servicers, deferred presentment companies, internet lenders, local and multi-national corporations, installment lenders, automobile dealerships, finance companies, money transmission companies, debt management companies, manufactured housing lenders and numerous retailers.

In addition to providing litigation, compliance and regulatory advice, the Consumer Financial Services and Financial Services Regulatory and Compliance Practices have combined their knowledge, skills and experience with Dykema’s sophisticated transactional practice and litigation teams to provide a full array of services for our financial services and retail clients.

Return to Home Page