Elliott Davis Decosimo Banking and Financial Services Articles

Community Banking Advisor: Beware of UDAAP

January 17, 2017 by Bank Wire

The Consumer Financial Protection Bureau (CFPB) continues to exercise its authority to crack down on banking practices it views as unlawful under the Dodd-Frank Act’s regulations on unfair, deceptive or abusive acts or practices (UDAAP). In one recent...