Search for: "Consumer Financial Protection Bureau "
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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]
20 Apr 2018, 11:27 am
The two exceptions were rules issued by the Consumer Financial Protection Bureau (CFPB) prior to the November 2017 departure of its then-Director, Richard Cordray, who had been appointed by President Obama. [read post]
20 Apr 2018, 11:01 am
RELATED READING: Semi-Annual Report of the Bureau of Consumer Financial Protection (April 2018) Hearing, Senate Comm. on Banking, Housing, and Urban Affairs, “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress” (April 12, 2018). [read post]
20 Apr 2018, 10:54 am
The Consumer Financial Protection Bureau (CFPB) and the Office of Comptroller of the Currency (OCC) [official websites] found that Wells Fargo unfairly failed to follow the mortgage-interest-rate-lock process it explained to some prospective buyers and unfairly administered a mandatory insurance program related to its auto loans. [read post]
20 Apr 2018, 9:38 am
Senate voted almost entirely along party lines to invalidate, under the Congressional Review Act, the Consumer Financial Protection Bureau’s (CFPB) (in)famous 2013 Bulletin on lending discrimination in the indirect auto market via discretionary mark-ups and dealer compensation policies. [read post]
20 Apr 2018, 9:38 am
Senate voted almost entirely along party lines to invalidate, under the Congressional Review Act, the Consumer Financial Protection Bureau’s (CFPB) (in)famous 2013 Bulletin on lending discrimination in the indirect auto market via discretionary mark-ups and dealer compensation policies. [read post]
19 Apr 2018, 9:30 pm
Senate voted 51-47, along party lines, to roll back 2013 guidance published by the Consumer Financial Protection Bureau (CFPB) intended to prevent discriminatory lending. [read post]
19 Apr 2018, 11:47 am
The original rule was issued [bulletin, PDF] in 2013 by the Consumer Financial Protection Bureau (CFPB) and was titled the "Indirect Auto Lending and Compliance with the Equal Credit Opportunity Act. [read post]
19 Apr 2018, 4:00 am
However, before actually taking the adverse action, you must provide the applicant or employee with a “preadverse action” notice, which includes a copy of both the consumer report and the Consumer Financial Protection Bureau’s (CFPB) “Summary of Rights. [read post]
19 Apr 2018, 4:00 am
However, before actually taking the adverse action, you must provide the applicant or employee with a “preadverse action” notice, which includes a copy of both the consumer report and the Consumer Financial Protection Bureau’s (CFPB) “Summary of Rights. [read post]
16 Apr 2018, 11:28 am
A recent press release by New Jersey AG Gurbir Grewal referenced that state’s “efforts to fill the void left by the Trump Administration’s pullback of the Consumer Financial Protection Bureau. . . . [read post]
16 Apr 2018, 6:14 am
The AP reported that new documents “show the Consumer Financial Protection Bureau has not recorded a single enforcement action against banks, credit card companies, debt collectors or any finance companies whatsoever since the Trump administration took over the agency late last year. [read post]
13 Apr 2018, 8:24 am
” Consumer Protection. [read post]
12 Apr 2018, 12:24 pm
When Mick Mulvaney served in the House, he tried to warn colleagues that the Consumer Financial Protection Bureau was too independent of Congress. [read post]
12 Apr 2018, 4:21 am
The Community Financial Services Association of America (CFSA) and Consumer Service Alliance of Texas (CSAT) [advocacy websites] filed a lawsuit [complaint, PDF] Wednesday in the US District Court for the Western District of Texas, alleging the Consumer Financial Protection Bureau's (CFPB) [official websites] final rule on "Payday, Vehicle Titles, and Certain high-Cost Installment Loans" is unconstitutional and violates the… [read post]
10 Apr 2018, 10:36 am
Two trade groups, the Consumer Financial Service Association of America, Ltd. and the Consumer Service Alliance of Texas, have filed a lawsuit against the CFPB in a Texas federal district court challenging the CFPB’s final payday/auto title/high-rate installment loan rule (Payday Rule). [read post]
10 Apr 2018, 9:14 am
While the latter possibility may sound extreme, the Consumer Financial Protection Bureau (CFPB) is in the process of reevaluating essentially every aspect of what the agency does. [read post]
9 Apr 2018, 9:30 pm
Consumer Financial Protection Bureau arose from charges of wrongdoing the CFPB brought against mortgage lender PHH Corporation. [read post]
9 Apr 2018, 11:26 am
Datafinder is accredited by Better Business Bureau with an A+ rating, and its clients include T-Mobile. [read post]
7 Apr 2018, 10:00 am
The first option is to log a formal complaint with the Consumer Financial Protection Bureau (also called the CFPB). [read post]