The CFPB’s policy statement on abusive acts or practices is still pretty new (here), but already interpretations are being offered, and questions are being asked.  One of the more recent questions is coming from a post by an attorney at Covington.  Eric Mogilnicki wrote an article for Law 360, Despite New Policy, CFPB Seems Uncertain On Abusive Acts.  The article notes that “[w]hile the policy statement is informative regarding the bureau’s plans for the abusive standard, it leaves some important issues unresolved. For now, the bureau is not adding any commentary, elaboration or examples that would help consumers or financial institutions know in advance what constitutes an abusive practice.”