Search for: "Consumer Financial Protection Bureau "
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23 Aug 2024, 6:00 am
Legal and Regulatory Developments SPOTLIGHT: BNPL Providers Won’t Face Penalties During Transition to New CFPB RulePayments Dive – August 20, 2024 The Consumer Financial Protection Bureau on Friday announced that the agency will not fine buy now, pay later providers while they prepare to work under a new interpretive rule that treats them like credit card providers. [read post]
8 Mar 2016, 2:00 pm
The Consumer Financial Protection Bureau (“CFPB”) made headlines last week by taking action against Dwolla, an online and mobile payments platform. [read post]
5 Dec 2014, 5:30 am
In a recent bulletin, the Consumer Financial Protection Bureau (CFPB) warned lenders against the dangers of requesting that mortgage applicants produce unnecessary proof of Social Security disability income. [read post]
9 May 2017, 6:27 pm
The text of the consent order is found here:http://files.consumerfinance.gov/f/documents/201704_SNAAC-consent-order.pdf###The Consumer Financial Protection Bureau is [read post]
16 Jul 2015, 4:52 pm
The Consumer Financial Protection Bureau ("CFPB") recently released its list of the top debt collectors generating complaints for the period of February through April, 2015. [read post]
30 May 2012, 11:00 am
However, many, if not most employees fall outside these laws' protective shield because since these two enactments do not protect employees of privately held companies which are not regulated by the SEC or the Bureau of Consumer Financial Protection. [read post]
26 Mar 2020, 8:26 am
The Consumer Financial Protection Bureau and other federal regulators have encouraged financial institutions to work with their customers during this difficult time. [read post]
29 Aug 2019, 1:40 pm
Notably, the Bureau did not require Maxitransfers to provide any redress to consumers. [read post]
11 Sep 2023, 9:00 pm
On Friday, the District Court for the Eastern District of Texas invalidated the Bureau’s March 2022 updates to its examination manual that instructed CFPB examiners to determine whether financial institutions and service providers adequately protect against discrimination, including disparate impact. [read post]
2 May 2016, 9:00 am
On April 28, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray sent a letter to eight financial industry trade groups stating that the agency intends to propose new amendments in late July 2016 to the rules synthesizing mortgage lending disclosures under the Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA). [read post]
30 May 2011, 6:55 pm
However, that could change once the Consumer Financial Protection Bureau is given control over the credit bureaus instead of the FTC. [read post]
6 Jun 2024, 3:07 am
In December 2023, the Consumer Financial Protection Bureau (CFPB) announced plans to outline how consumer lending laws interact with earned wage access (EWA) programs. [read post]
27 Apr 2016, 3:30 am
On April 21, 2016 the Consumer Financial Protection Bureau (CFPB) filed suit against two owners of a company who resold loan applications containing sensitive personal data to lenders and data brokers without assessing the sources of those leads or purchasers they sold the lead data too. [read post]
27 Apr 2016, 3:30 am
On April 21, 2016 the Consumer Financial Protection Bureau (CFPB) filed suit against two owners of a company who resold loan applications containing sensitive personal data to lenders and data brokers without assessing the sources of those leads or purchasers they sold the lead data too. [read post]
13 Jul 2020, 12:54 pm
Edgar Radjabli, for allegedly making false, misleading, and inaccurate marketing representations in violation of the Consumer Financial Protection Act’s prohibition against unfair, deceptive or abusive acts or practices. [read post]
13 Apr 2011, 10:53 am
I went to a great brownbag talk today by Professor Katherine Porter (visiting HLS this year from the University of Iowa) on the Consumer Financial Protection Bureau. [read post]
4 Mar 2021, 10:36 am
Here are five ideas: Establish a New "Bureau of Data Protection" The FTC has two primary bureaus, the Bureau of Consumer Protection (BCP) and the Bureau of Competition (BC), reflecting the agency’s dual mission to protect consumers and promote competition. [read post]
23 Aug 2010, 12:53 pm
In addition, Dodd-Frank also created the new Bureau of Consumer Financial Protection and added protections to financial services industry whistleblowers who disclose information to the company or the Bureau about fraudulent or unlawful conduct by companies that extend consumer credit, provide real estate settlement or appraisal services, or provide financial advisory services to consumers. [read post]
2 Dec 2014, 9:33 pm
IS THERE ANY PRACTICAL BENEFIT TO COMPLAINING TO THE CONSUMER FINANCIAL PROTECTION BUREAU, OR TO THE FEDERAL TRADE COMMISSSION? [read post]
22 Mar 2023, 12:15 am
The bank's activities were also subject to oversight by the Consumer Financial Protection Bureau. [read post]
