Consumer Crossroads: Where Financial Services and Litigation Intersect

The OCC's final escrow-interest preemption rules and the Second Circuit's Cantero decision together mark a turning point for federal preemption of state mortgage escrow laws—read our analysis to learn what this means for banks and servicers.

Read key takeaways from the Hinshaw-sponsored 2026 Mortgage Bankers Association Legal Issues and Regulatory Compliance Conference, where our attorneys were on site, presenting and engaging with industry leaders.

The US Supreme Court has issued its ruling in a case that considered whether a federal court that had sent a dispute to arbitration retains jurisdiction to vacate or confirm a subsequent arbitration award.

Read how Tennessee has reached the first settlement in the multistate attorney general action against Mariner Finance, imposing conduct requirements on add-on product sales and lending.

Read how the Second Circuit ruled that New York's interest-on-escrow statute is preempted by the National Bank Act, renewing a circuit split and adding uncertainty to federal preemption of state interest-on-escrow laws.

Our new blog post examines the US Supreme Court’s recent oral argument on whether district courts can confirm or vacate arbitration awards under the FAA after compelling arbitration.

Read how Governor Hochul has signed into law a chapter amendment to the New York FAIR Business Practices Act, implementing changes to the attorney general’s expanded enforcement authority.

Read our blog post regarding the Office of the Comptroller Currency’s (OCC) amicus brief urging the Seventh Circuit to halt the Illinois Interchange Fee Prohibition Act (IFPA) before it takes effect on July 1, 2026.

Learn how to prepare for the new licensing application requirement under California's Digital Financial Assets Law before the July 1, 2026, deadline.

Read our key compliance insights from a significant DOJ settlement with a major car retailer over allegations that the company repossessed vehicles from active-duty servicemembers.

Read our new Consumer Crossroads blog written by partner Jim Sandy, where Jim discusses a recent case where the Ohio Eighth Appellate District found that a party could not circumvent the statutory timeframe to seek to vacate an arbitration award.  

Watch our video discussion diving into the new regulatory landscape under NYC’s Department of Consumer and Worker Protection, including enforcement priorities against junk fees, subscription traps, and unfair interface designs.

Read the implications of the US Supreme Court’s ruling that the erroneous dismissal of a non-diverse defendant does not cure jurisdictional defects that existed at the time of removal—making federal court removal potentially more challenging for defendants.

Read our blog post examining the FTC's recent lawsuit against an online Q&A service for its alleged deceptive subscription practices. This case highlights the importance of transparency in subscription models and provides key compliance obligations for businesses marketing goods and services online. 

Read how the US Supreme Court is set to define “consumer” under the VPPA, reshaping tracking‑tool class actions and signaling broader compliance risks for the consumer financial services industry.

Read how a Hinshaw legal team led by partners Ellis Oster and Robert Bailey recently helped secure the first-ever appellate-level ruling in New York addressing sanctions for the misuse of generative AI in legal submissions.

Learn what would change under the CFPB’s proposal to delete disparate impact references from Regulation B and its Official Staff Commentary, refine the discouragement standards, impose new SPCP restrictions, and what to watch for and remain mindful of if the proposed rule is adopted in the form proposed.

Read our blog post reviewing Commissioner Khalil “KC” Mohseni’s recent remarks about the California Department of Financial Protection and Innovation’s (DFPI) regulatory priorities.

Read how New York’s FAIR Act expands consumer protection to unfair and abusive practices, broadens the Attorney General’s enforcement authority, and raises compliance risks for businesses in the state.

Discover what the CFPB–MoneyLion settlement means for Military Lending Act compliance and why the order’s treatment of membership fees and MAPR could be inconsistent with the MLA regulation.