It is still August and the CFPB already has been active this year with significant new final and proposed rules, advisory opinions, supervision findings, enforcement proceedings, and circulars (detailed interpretations) covering a wide range of new and established financial products. This activity often can be of significant benefit to consumers litigating in these areas and can help their attorneys identify systematic abuses in various industries. This article briefly summarizes 18 such CFPB actions and their implications for private consumer litigation.
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