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Consumer Financial Protection Bureau v. National Collegiate Master Student Loan Trust, et al
Case Number:
22-1864
Court:
Nature of Suit:
Companies
- Community Legal Aid Society Inc.
- Community Legal Services of Philadelphia
- Community Legal Services of Prince George's County Inc.
- New York Legal Assistance Group Inc.
- SIFMA
- Structured Finance Association
- Transworld Systems Inc.
- U.S. Bancorp
Government Agencies
- Consumer Financial Protection Bureau
- State of Maryland
- State of Michigan
- State of Nevada
- U.S. District Court for the District of Columbia
Sectors & Industries:
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March 19, 2024
3rd Circ. Says CFPB Can Go After Student Loan Trusts
The Third Circuit ruled Tuesday that the Consumer Financial Protection Bureau can carry on with its debt collection practices suit against a group of Delaware student loan trusts, rejecting their claims that they are just passive financing entities outside the reach of the agency's enforcement authority.
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May 08, 2023
3rd Circ. May Preview: Dryers, Debt And A Dean
Temple University's former business school dean this month will ask the Third Circuit to determine the fate of his fraud conviction for allegedly inflating the school's rankings to U.S. News & World Report, marking one of two education-themed matters the Philadelphia-based appeals court will consider in May.
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November 08, 2022
CFPB Urges 3rd Circ. To Preserve Its Student Loan Trusts Suit
The Consumer Financial Protection Bureau has urged the Third Circuit to green light its debt collection practices suit against a group of Delaware student loan trusts, arguing that industry warnings about potential securities market fallout from the case are overblown.