Valerie Hletko Quoted in Law360 Article, "CFPB Suits Bring Some Clarity to Its Definition of 'Abusive'"Valerie L. Hletko
Valerie Hletko was quoted in Evan Weinberger's August 21, 2015 article, "CFPB Suits Bring Some Clarity to Its Definition of ‘Abusive’," on Law360.
The two complaints also may show how the CFPB intends to use its expansive reading of abusiveness and what constitutes material terms to evade a bar against the bureau enforcing state law claims.
“Typically, you think of the material terms of a loan as being part of the loan agreement," said Valerie Hletko, a partner at Buckley Sandler LLP. "Enforceability under state law is much broader than what is typically understood to be a material term.”