Monthly Archive: September 2016

Bank and non-bank lending combinations/CFPB vs CashCall

The US District Court for the Central District of Ca. granted the Consumer Financial Protection Bureau’s (“CFPB”) Motion for Partial Summary Judgement on August 31, 2016.   This is a trial court decision and could be reversed on appeal.  The “combination” at issue related to CashCall’s arrangement with Western Sky Financial  (“Western”).    Western claimed an “affiliation” […]

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