About

Matt Benz is an associate in the Finance and Bankruptcy Practice Group in the firm's Chicago office.

Latest Post

On January 8, the CFPB announced its intent to pursue rulemaking that would allow the agency to oversee nonbank personal loan lender. The announcement came in response to a petition filed in September 2022 by the Consumer Bankers Association and the Center for Responsible Lending, which called on the CFPB to engage in rulemaking under section 1024(a)(2) of the Consumer Financial Protection Act to subject certain “larger participants” in the nonbank personal loan market to the CFPB’s supervisory authority.

Continue Reading CFPB Announces Plans to Regulate Nonbank Personal Loan Providers

About

Matt Benz is an associate in the Finance and Bankruptcy Practice Group in the firm's Chicago office.

Subscribe: Subscribe via RSS