Section 5481 - Definitions

23 Citing briefs

  1. CONSUMER FINANCIAL PROTECTION BUREAU v. ITT EDUCATIONAL SERVICES, INC.

    RESPONSE in Opposition re MOTION to Dismiss

    Filed June 12, 2014

    Similarly unavailing is ITT’s citation to one Bureau Bulletin’s description of service providers as those 14 Those entities are indisputably “covered persons” because of their role in originating and disbursing the SCUC loans, which are “consumer financial products.” 12 U.S.C. §§ 5481(5), (6), (15)(A)(i). Case 1:14-cv-00292-SEB-TAB Document 25 Filed 06/12/14 Page 29 of 49 PageID #: 418 17 providing “outsource[d]” functions.

  2. Consumer Financial Protection Bureau v. Universal Debt & Payment Solutions, LLC et al

    RESPONSE in Opposition re MOTION TO DISMISS FOR FAILURE TO STATE A CLAIM , 97 MOTION TO DISMISS FOR FAILURE TO STATE A CLAIM , 93 MOTION TO DISMISS FOR FAILURE TO STATE A CLAIM

    Filed June 5, 2015

    For example, Frontline and Pathfinder were directly involved in helping the Debt Collectors establish and maintain their payment processing accounts in a manner that would help elude 27 12 U.S.C. § 5481(26)(A)(ii) (2010). 28 12 U.S.C. § 5481(26)(B)(i) (2010). 29 Compl. ¶¶ 85, 144-146, 151, 174, 175, 181, 196, 206, 216; 12 U.S.C. § 5481(15)(A)(x) (2010) (defining “consumer financial product or service” to include “collecting debt related to any consumer financial product or service”). 30 Compl. ¶¶ 80, 81, 84, 85, 144-246; See 12 U.S.C. § 5481(26)(A)(i) (2010). 31 Compl. ¶¶ 80, 84; 12 U.S.C. § 5481(15)(A)(vii) (2010). 32 See 12 U.S.C. § 5481(26)(A)(ii) (2010). 33 E.g., Compl. ¶¶ 80, 84, 144-151,165, 205, 217, 218. Case 1:15-cv-00859-RWS Document 114 Filed 06/05/15 Page 13 of 33 8 fraud detection, even when they had ample reason to suspect illegal activity.34 Frontline and Pathfinder went well beyond providing only a “ministerial service.” 2. Global, Pathfinder, and Frontline committed unfair acts or practices by ignoring clear signs of illegal conduct while collecting consumers’ payments for the Debt Collectors.

  3. CONSUMER FINANCIAL PROTECTION BUREAU v. ITT EDUCATIONAL SERVICES, INC.

    REPLY in Support of Motion re MOTION to Dismiss

    Filed July 22, 2014

    28(a). The BHCA’s limits are also consistent with the ordinary meaning of “credit counseling” and “debt management,” 12 U.S.C. § 5481(15)(A)(viii), terms which describe formal analysis of a consumer’s personal finances. 28 C.F.R. § 58.

  4. Consumer Financial Protection Bureau v. Universal Debt & Payment Solutions, LLC et al

    MOTION TO DISMISS FOR FAILURE TO STATE A CLAIM with Brief In Support

    Filed May 12, 2015

    a. Unfair Practices Provision To establish liability for aiding and abetting the violation of the Unfair Practices Provision “or any rule or order issued thereunder,” the Bureau must demonstrate that Pathfinder “knowingly or recklessly provide[d] substantial 44 12 U.S.C. § 5481(26)(A)(ii). 45 12 U.S.C. § 5481(26)(A)(ii). Case 1:15-cv-00859-RWS Document 89 Filed 05/12/15 Page 24 of 31 21 assistance” to another who committed a primary violation.46 The Apuzzo court has already interpreted the Substantial Assistance Provision.

  5. Consumer Financial Protection Bureau v. D And D Marketing, Inc. et al

    NOTICE OF MOTION AND MOTION to Dismiss Case Defendants' Notice of Motion, Motion to Dismiss and Memorandum of Points and Authorities in Support Thereof

    Filed August 1, 2016

    RIGOR DEMIRCHYAN, AND MARINA DEMIRCHYAN’S MOTION TO DISMISS Date: October 17, 2016 Time: 1:30 p.m. Judge: Hon. Philip S. Gutierrez Ctrm: 880 Case 2:15-cv-09692-PSG-E Document 39-4 Filed 08/01/16 Page 1 of 2 Page ID #:216 [PROPOSED} ORDER GRANTING DEFENDANTS’ MOTION TO DISMISS Case No. 2:15-cv-09692-PSG(Ex) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Before the Court is Defendants D and D Marketing, Inc., d/b/a T3Leads, Grigor Demirchyan, and Marina Demirchyan’s (collectively, “Defendants”) Motion to Dismiss the Consumer Financial Protection Bureau’s (“Plaintiff”) Amended Complaint Pursuant to Rule 12(b)(6) of the Federal Rules of Civil Procedure. Having considered the Parties’ moving and opposition papers, and good cause appearing, the Court finds that: (1) Plaintiff does not have authority to bring this action; (2) construing Defendants’ alleged conduct as “unfair” or “abusive” under the Consumer Financial Protection Act, 12 U.S.C. §§ 5481-5603, would render the statute unconstitutionally vague as applied to Defendants; (3) Plaintiff has not adequately pled its claims; and (4) Plaintiff cannot recover the relief it seeks. IT IS THEREFORE ORDERED that Defendants’ Motion to Dismiss is GRANTED.

  6. Consumer Financial Protection Bureau v. Accrediting Council for Independent Colleges and Schools

    RESPONSE re Complaint

    Filed December 2, 2015

    A “service provider” is “any person that provides a material service to a covered person in connection with the offering or provision by such covered person of a consumer financial produce or service.” 12 U.S.C. § 5481(26) (emphasis added). The statute further provides two examples of material services: (i) “participates in the designing, operating, or maintaining the consumer financial product or service; or (ii) processes transactions relating to the consumer financial product or service.”

  7. Consumer Financial Protection Bureau v. Prime Marketing Holdings, Llc

    NOTICE OF MOTION AND MOTION to Dismiss Case

    Filed October 7, 2016

    il v. Watt, 643 F.2d 618 (9th Cir. 1981) ................................................................................ 3 Williams v. Gerber Products Co., 552 F.3d 934 (9th Cir. 2008) ................................................................................ 4 STATUTES 12 U.S.C. § 5481(6) ................................................................................................... 7 Case 2:16-cv-07111-BRO-JEM Document 14 Filed 10/07/16 Page 7 of 32 Page ID #:62 vi PRIME MARKETING HOLDINGS, LLC’S MOTION TO DISMISS COMPLAINT FOR PERMANENT INJUNCTION AND OTHER RELIEF 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1 2 3 V E N A B L E L L P 5 0 5 M O N T G O M E R Y S T R E E T , S U IT E 1 4 0 0 S A N F R A N C IS C O , C A 9 4 1 1 1 4 1 5 -6 5 3 -3 7 5 0 12 U.S.C. § 5481(14) ................................................................................................. 9 12 U.S.C. § 5481(15)(A)(viii) and (ix) ...................................................................... 7 12 U.S.C. §§ 5531, 5536 ......................................................................................... 19 12 U.S.C. §5531(a) .................................................................................................... 7 12 U.S.C. §§ 5565(a)(2)(C), (D) ............................................................................. 10 15 U.S.C. § 1679 (CROA effective September 30, 1996) ...................................... 11 15 U.S.C. § 1679 et seq ........................................................................................... 11 15 U.S.C.§ 1679b(b) .......................................................................................... 12, 13 15 U.S.C. § 1681i .................................................................................................... 16 15 U.S.C. § 6102 ......................................................................................

  8. Consumer Financial Protection Bureau v. Stephen Lyster Siringoringo et al

    NOTICE OF MOTION AND MOTION for Partial Summary Judgment as to Count I

    Filed September 23, 2016

    51 12 U.S.C. § 5565(a)(1). 52 See 12 U.S.C. § 5481(12)(Q), (14). 53 CFPB v. Gordon, 819 F.3d 1179 (9th Cir. 2016).

  9. Consumer Financial Protection Bureau v. David Gasparyan

    NOTICE OF MOTION AND MOTION to Dismiss Case

    Filed August 8, 2016

    However, not all services automatically qualify a person as a service provider: “(B) Exceptions The term “service provider” does not include a person solely by virtue of such person offering or providing to a covered person-- 14 Defendant Gasparyan’s Motion to Dismiss Plaintiff’s First Amended Complaint Case 2:16-cv-02725-PSG-E Document 31 Filed 08/08/16 Page 22 of 34 Page ID #:170 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 (i) a support service of a type provided to businesses generally or a similar ministerial service” 12 U.S.C.A. § 5481(26)(b). (emphasis added).

  10. Consumer Financial Protection Bureau v. Moseley et al

    MOTION to strike affirmative defenses and suggestions in support

    Filed December 11, 2014

    Insofar as any third-party service provider the Individual Defendants used for lead generation, loan underwriting, loan disclosure, or any other purposes engaged in unlawful acts or practices, liability for those acts or practices also 10 There is no question the Individual Defendants are “covered person[s]” under the Act, 12 U.S.C. § 5481(6), which defines the term as “any person that engages in offering or providing a consumer financial product or service….” 11 12 U.S.C. § 5481(26). 12 12 U.S.C. § 5536.