CFPB files reply in support of its cross-motion for summary judgment and continues to oppose delay of compliance date for payments provisions

The CFPB has filed its reply in support of its cross-motion for summary judgment in the lawsuit filed by two industry trade groups challenging the CFPB’s final rule on Payday, Vehicle Title, and Certain High-Cost Installment Loans (the 2017 Rule). The briefing on the parties’ cross-motions for summary judgment has now closed. The court has not yet indicated whether it will hold oral argument on the motions....
By: Ballard Spahr LLP

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