Search for: "Consumer Financial Protection Bureau "
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8 May 2018, 1:52 pm
As we reported on April 20, 2018, the Senate recently approved a joint resolution of disapproval under the Congressional Review Act (CRA) invalidating a five-year-old guidance document issued by the Consumer Financial Protection Bureau. [read post]
8 May 2018, 12:31 pm
Perhaps the most visible change discussed by the panel is the Bureau’s decision to use its “given name” as set forth in the Dodd-Frank Act, the Bureau of Consumer Financial Protection. [read post]
8 May 2018, 11:18 am
Federal Oversight With the creation of the Consumer Financial Protection Bureau in 2010, lawmakers gave the bureau authority to enforce regulations against debt collectors, including creditor lawyers. [read post]
8 May 2018, 11:18 am
Federal Oversight With the creation of the Consumer Financial Protection Bureau in 2010, lawmakers gave the bureau authority to enforce regulations against debt collectors, including creditor lawyers. [read post]
7 May 2018, 10:25 pm
Report and Recommendation issued almost a year after oral argument on cross-motions for summary judgment, concludes that Odyssey Education Resources LLC was properly appointed as a Servicer, and should be paid its invoices. [read post]
7 May 2018, 3:27 am
In September 2016, fines and penalties totaling $185 million were imposed on the bank, including a $100 million fine by the Consumer Financing Protection Bureau, $35 million penalty to the Office of the Comptroller of the Currency, and another $50 million to the City and County of Los Angeles. [read post]
6 May 2018, 8:44 am
The topic of the panel is: The Consumer Financial Protection Bureau: Past, Present, and Future. [read post]
3 May 2018, 7:44 am
Census Bureau, 41% of first marriages wind up in divorce. [read post]
2 May 2018, 10:26 am
He previously served as assistant director of the Consumer Financial Protection Bureau shortly after its founding in 2010, and was named as the agency’s first student loan ombudsman in 2011. [read post]
1 May 2018, 5:51 am
State AGs and regulators have direct enforcement authority under various federal consumer protection statutes and, pursuant to Section 1042 of the Consumer Financial Protection Act, can bring civil actions to enforce the provisions of the CFPA, most notably its prohibition of unfair, deceptive or abusive acts or practices. [read post]
30 Apr 2018, 3:13 pm
The CFPB (referring to itself as the Bureau of Consumer Financial Protection) has filed what appears to be its first amicus brief since former Director Cordray’s departure. [read post]
27 Apr 2018, 8:49 am
Mulvaney Backlash May Drive Political Money ChangesRoll Call – Kate Ackley | Published: 4/26/2018 Mick Mulvaney, the White House budget chief and interim director of the Consumer Financial Protection Bureau, told banking executives that as a member of Congress he always met with constituents, but never out-of-town lobbyists unless they gave him campaign money – part of an exhortation to the bankers to push their agenda on Capitol Hill. [read post]
27 Apr 2018, 8:09 am
Be prepared to respond to questions from the Bureau of Consumer Protection. [read post]
27 Apr 2018, 6:55 am
The CFPB, which is now referring to itself as the “Bureau of Consumer Financial Protection,” published the long-awaited final rule to address the so-called “black hole” issue under the TILA/RESPA Integrated Disclosure (TRID) rule. [read post]
27 Apr 2018, 4:26 am
Our proposals are intended to restrict the CID process to its proper role, namely the investigation of suspected violations of specific consumer financial protection laws. [read post]
25 Apr 2018, 8:21 pm
The New York Times: “Financial companies have worked to diminish the Consumer Financial Protection Bureau’s powers since the day the agency was created. [read post]
25 Apr 2018, 11:57 am
Before an employer relies in whole or in part on a background check report to take an “adverse action” (e.g., rescinding a conditional job offer or discharging an employee), the employer must provide the individual a “pre-adverse action” notice, and include with it a copy of the report and the Consumer Financial Protection Bureau’s Summary of Rights. [read post]
24 Apr 2018, 1:44 am
“We had a hierarchy in my office in Congress,” the head of the Consumer Financial Protection Bureau said Tuesday at the American Bankers Association conference in Washington. [read post]
23 Apr 2018, 5:26 am
[ABA Journal] * Which Biglaw firm did Wells Fargo turn to ahead of being hit with record fines that turned into a $1B settlement with the Consumer Financial Protection Bureau and Office of the Comptroller of the Currency? [read post]
20 Apr 2018, 2:35 pm
This $1 billion settlement with the Consumer Financial Protection Bureau (“CFPB”) and Office of the Comptroller of the Currency was in response to investigations that found Wells Fargo failed to catch or prevent improper charges to consumers. [read post]
