Consumer Financial Services Enforcement + Government Investigations

For many consumer finance businesses, government investigations and enforcement actions are an unfortunate reality in today’s world, and you need a partner that will help you manage the risks associated with such matters. Goodwin has substantial experience representing banks, non-bank lenders and servicers, student loan companies, credit card issuers, auto finance companies, debt collectors, non-traditional finance companies, and other market participants in responding to government investigations, defending enforcement actions, and managing administrative, criminal, and private proceedings.

Goodwin’s Consumer Financial Services Enforcement practice is nationwide in scope, and includes matters involving many different federal and state agencies and officials, such as:

Consumer Financial Protection Bureau (CFPB)
Department of Justice (DOJ)
Federal Trade Commission (FTC)
Department of Housing and Urban Development (HUD)
Federal and State Banking and Financial Services Regulatory Agencies, including the Office of Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board (Fed), and Federal Housing Finance Agency (FHFA)
Office of Inspector General and U.S. Attorneys’ Offices
State Attorneys General + District Attorneys

Chambers USA

Ranked as one of the top firms in the country, Chambers USA notes our “longstanding reputation as an exceptionally strong consumer finance litigation firm.”
Legal 500

Ranked as a Top 5 Consumer Finance Litigation firm.

To be successful, consumer financial services companies strive to offer new and innovative products and services through traditional and online channels. Banks and thrifts, mortgage companies, consumer lenders, credit card issuers, payments networks, auto lenders, technology companies and leasing entities regularly turn to Goodwin for counsel. We provide regulatory advice involving the development of new products, assist with the chartering and licensing of new financial services companies, draft compliance policies and procedures, conduct compliance reviews, and counsel on privacy and cybersecurity matters. Our attorneys regularly represent consumer financial services companies and trade associations — including the Electronic Funds Transfer Association and the

Consumer financial services companies face a broad spectrum of issues unique to the industry, and you need counsel that understands the challenges the industry faces. With one of the most preeminent consumer financial services litigation practice groups in the nation, our lawyers know your industry. With experience in regulatory counseling and examinations, government investigations, enforcement proceedings, and litigation, we defend many of the nation’s largest financial institutions, including prominent banks, mortgage companies, credit card issuers, and insurers, in high-stakes consumer financial services litigation cases and government enforcement actions across the country.

Accusations that a financial services company’s policies or practices are discriminatory or otherwise unfair, deceptive, or abusive can not only be costly, but also can damage a company’s reputation. Goodwin’s leading Fair & Responsible Lending practice has experience helping clients confront and manage these risks. Our practice is nationwide in scope, including matters involving many federal and state agencies and officials.

From acquiring a company to raising public or private funds to defending lawsuits or government investigations and enforcement actions, we provide strategic and tactical advice, a range of pragmatic options, and bottom-line results. We do more than just help our clients survive the current challenges; we partner with them to find the best solutions and identify new business opportunities.