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Loeb & Loeb partner Stephen Aschettino is quoted on the increased number of calls and inquiries lawyers received from clients, such as banks and mortgage lenders, as a result of a court ruling limiting the Consumer Financial Protection Bureau’s authority and rejected its statutory interpretations. This article discusses the ruling and why clients in industries regulated by the CFPB are now feeling more confident in challenging the agency.
Click here to read the article on New York Law Journal’s website.