Thursday, November 21, 2 024–Clouds on the Horizon?
CFPB, FTC, and State AGs Signal Increased Focus on Solar Lending Practices
In August, the CFPB and FTC issued a joint bulletin in which they signaled their increased focus on solar lending practices in the residential rooftop solar marketplace. The CFPB identified several areas of interest, including the imposition of dealer or platform fees, the manner in which those fees are disclosed to consumers, and the manner in which potential tax credits are described to consumers at the time of contracting.
The CFPB appears poised to bring enforcement proceedings against covered lenders and related persons under the Truth in Lending Act and under its authority to seek redress for actions that the CFPB perceives to be unfair, deceptive, or abusive. Several state attorneys general and private plaintiffs have also filed litigation against solar lenders and other actors in the residential rooftop solar space.
Join us from 2 to 3 p.m. on Thursday, November 21, as K&L Gates lawyers provide an overview of the relevant legal issues and a summary of the status of pending actions. Given the growing focus on these issues and sector, this webinar is not to be missed.
Speakers: Gregory Blase, Boston Andrew Glass, Boston Jennifer Bartos, Kansas City Samantha DeLee, Kansas City
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