News

November 29, 2017

Lucy Morris discusses future of CFPB in podcast for the Center for Auto Finance Excellence

Following the resignation in November of Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), much confusion surrounds the direction and the future of the CFPB and its leadership. In an episode of The Roadmap, a podcast by the Center for Auto Finance Excellence, Lucy Morris, a partner in the Washington, D.C. office of Hudson Cook, offers her insight into the CFPB leadership chaos, and advice for lenders in the short and long term. Lucy also voices her opinion on what ways the CFPB could potentially change - or not change - under new leadership.

Prior to joining Hudson Cook, Lucy served as a Deputy Enforcement Director at the CFPB, where she was responsible for overseeing investigations and litigation relating to consumer financial products and services, including credit cards, mortgage origination, mortgage servicing, payday lending, debt collection, credit reporting, and debt settlement. She also served as a founding member of the CFPB Implementation Team that organized the CFPB after passage of the Dodd-Frank Act. She helped stand up the Bureau's enforcement, supervision, and other functions. Before the CFPB, Lucy worked at the Federal Trade Commission for over 20 years in a variety of leadership positions.

To listen to the podcast, click here.

Hudson Cook, LLP provides articles, webinars and other content on its website from time to time provided both by attorneys with Hudson Cook, LLP, and by other outside authors, for information purposes only. Hudson Cook, LLP does not warrant the accuracy or completeness of the content, and has no duty to correct or update information contained on its website. The views and opinions contained in the content provided on the Hudson Cook, LLP website do not constitute the views and opinion of the firm. Such content does not constitute legal advice from such authors or from Hudson Cook, LLP. For legal advice on a matter, one should seek the advice of counsel.