Alston & Bird Consumer Finance ABstract

Patrick Eagan-Van Meter

About Patrick Eagan-Van Meter

Patrick Eagan-Van Meter brings more than seven years of experience at the Federal Trade Commission (FTC), Division of Financial Practices to clients affected by the myriad consumer finance statutes and regulations. While at the FTC serving in the Financial Technology (FinTech) Group, Patrick gained valuable insight into the agency’s inner workings.

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CFPB Issues Bulletin About Auto Repossession, Congressional Republicans Respond

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A&B Abstract: The Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) recently released a Bulletin addressing the repossession of vehicles and alerting market participants to what it views as those market participants’ legal obligations under federal law governing unfair, deceptive, or abusive acts or practices (“UDAAP”).  That same day, the CFPB also published an inflammatory […]

FTC Brings its First Case Alleging ECOA Violations in More than a Decade

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A&B ABstract: On May 27, 2020, the Federal Trade Commission (FTC) announced a complaint and settlement against a New York auto dealer alleging that it charged higher rates to African American and Hispanic customers, advertised prices it refused to honor, and fabricated fees in violation of the Equal Credit Opportunity Act (ECOA), Truth in Lending […]