Search for: "Jeff Sovern" Results 81 - 100 of 351
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3 Sep 2012, 5:38 pm by Jeff Sovern
by Jeff Sovern We have blogged many times about the Republican call for the CFPB to have a commission-structure, rather than a director (see, for example, here). [read post]
30 Aug 2012, 1:07 pm by Jeff Sovern
by Jeff Sovern I just finished the audio version of Neil Barofsky's book Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street. [read post]
30 Aug 2012, 12:56 pm by Jeff Sovern
by Jeff Sovern Deepak pointed out earlier this month that Julie Williams is stepping down from her position as Chief Counsel of the OCC. [read post]
19 Aug 2012, 10:14 am by Jeff Sovern
by Jeff Sovern About nine days ago, the Times ran a front-page article Shopper Alert: Price May Drop for You Alone. [read post]
30 Jul 2012, 5:00 am by J Robert Brown Jr.
Putting together a list of all  law faculty blogs and law faculty bloggers is a surprisingly difficult task. [read post]
23 Jul 2012, 10:13 am by Jeff Sovern
by Jeff Sovern Brian blogged earlier about Yale professor Jonathan Macey's op-ed in the Wall Street Journal last week on the CFPB's proposed mortgage rules. [read post]
13 Jul 2012, 8:41 am by Jeff Sovern
by Jeff Sovern In the course of researching cooling-off periods for my article Written Notice of Cooling-Off Periods: A Forty-Year Natural Experiment in Illusory Consumer Protection and the Relative Effectiveness of Oral and Written Disclosure, I came across some over-heated comments by opponents of the rules. [read post]
12 Jul 2012, 10:22 am by Jeff Sovern
by Jeff Sovern I've just posted to SSRN a draft of a paper titled Written Notice of Cooling-Off Periods: A Forty-Year Natural Experiment in Illusory Consumer Protection and the Relative Effectiveness of Oral and Written Disclosures. [read post]
8 Jul 2012, 11:27 am by Jeff Sovern
by Jeff Sovern We have previously blogged about the CFPB's Credit Card Database (here, here,  and here). [read post]
7 Jul 2012, 2:52 pm by Jeff Sovern
by Jeff Sovern Yesterday the Times ran a piece, New Agency Plans to Make Over Mortgage Market, about some things going on at the CFPB as it approaches its first anniversary. [read post]
28 Jun 2012, 11:06 am by Stefanie Jackman
As Jeff Sovern remarked yesterday, the Charlotte Observer recently created a chart showing which company received the most complaints out of the total number of complaints currently available in the database (which includes any received by the CFPB since June 1, 2012). [read post]
19 Jun 2012, 2:03 pm by Jeff Sovern
by Jeff Sovern Brian posted earlier today about the CFPB's Credit Card Database and included links to reports on the Database.  MSNBC's Bob Sullivan has another piece at The Red Tape Chronicles on the Database that includes some complaints by the industry: "Bureau publication of complaint data alone implies an official endorsement of inferences drawn out of context and suggests reliability about overall issuer customer experience and satisfaction that is not… [read post]
18 Jun 2012, 12:20 pm by Jeff Sovern
by Jeff Sovern A recent report by the Pew Charitable Trust, Still Risky: An Update on the Safety and Transparency of Checking Accounts, found that the median length of bank checking account disclosures among the banks included within the study ran 69 pages.  The response by Consumer Bankers Association president Richard Hunt in this MSNBC report: "We don't like it. [read post]
13 Jun 2012, 2:22 pm by Jeff Sovern
by Jeff Sovern The Office of the Comptroller of the Currency has long been the poster-child for an agency captured by the entities it regulates--in this case, national banks.  Thus, when states enacted anti-predatory lending statutes, the OCC declared them pre-empted as to national banks. [read post]
31 May 2012, 2:11 pm by Jeff Sovern
by Jeff Sovern According to Governor Romney's economic adviser Columbia Business School Dean Glenn Hubbard, Romney will soon propose "a new system of consumer financial regulation that either moves the new Consumer Financial Protection Bureau outside of the Federal Reserve or breaks up the new agency and places the powers within existing financial regulators. [read post]
24 May 2012, 10:25 am by Jeff Sovern
by Jeff Sovern Yesterday the Times published an editorial, Full Disclosure for Student Borrowers, which concluded: A bill pending in the Senate would require both colleges and lenders to educate students about the differences between federal loans and riskier, more expensive private loans — and their borrowing options. [read post]