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7 Nov 2017, 10:51 am by Joe Consumer
This comes just weeks after Congress took the extraordinary step of undoing the Consumer Financial Protection Bureau’s rule that would have allowed defrauded and cheated individuals to file class actions against financial institutions that violate the law, like Wells Fargo and Equifax. [read post]
7 Nov 2017, 10:02 am by amul
Create a Fiduciary Duty for Credit Bureaus to Protect Information Congress must also acknowledge the special nature of credit bureaus. [read post]
7 Nov 2017, 8:09 am by Ryan J. Farrick
True to a longstanding dislike for the Consumer Financial Protections Bureau, President Donald Trump collaborated with bankers to undo a rule governing forced arbitration. [read post]
6 Nov 2017, 6:03 pm by Kevin LaCroix
Oct. 12, 2017) (here), affirming dismissal, for failure to state a legally viable claim, of a bank’s complaint against an insurer for alleged breach of a duty to defend and pay for a $24 million settlement of a consumer class action alleging improper overdraft fees, and related “bad faith. [read post]
6 Nov 2017, 12:05 pm by Phyllis H. Marcus and Andrew W. Eklund
The Consumer Financial Protection Bureau originally promulgated the Arbitration Rule in July 2017 as part of the Dodd-Frank Act. [read post]
6 Nov 2017, 12:05 pm by Phyllis H. Marcus
The Consumer Financial Protection Bureau originally promulgated the Arbitration Rule in July 2017 as part of the Dodd-Frank Act. [read post]
6 Nov 2017, 8:00 am by Andrew Weber
H.J.Res.111 [115th] Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by Bureau of Consumer Financial Protection relating to “Arbitration Agreements”. 7. [read post]
5 Nov 2017, 9:30 pm by David L. Noll
Last week, President Donald Trump signed a congressional resolution repealing the Consumer Financial Protection Bureau’s (CFPB) arbitration rule. [read post]
5 Nov 2017, 9:15 pm by Series of Essays
The Consumer Financial Protection Bureau’s (CFPB) arbitration rule, which the agency issued in July 2017, aimed to bar financial companies from inserting provisions into their contracts with consumers requiring those consumers to use arbitration—instead of participating in class action lawsuits—to resolve complaints. [read post]
3 Nov 2017, 1:48 pm by Richard J. Andreano, Jr.
On Friday November 3, 2017 the Consumer Financial Protection Bureau (CFPB) announced the launch of the Internet-based platform that financial institutions will use to submit data under the Home Mortgage Disclosure Act (HMDA). [read post]
3 Nov 2017, 5:05 am by Beth Graham
On Monday, Consumer Financial Protection Bureau (“CFPB”) Director Richard Cordray released a letter addressed to the President of the United States urging him to veto House Joint Resolution 111. [read post]
2 Nov 2017, 9:30 pm by Sarah Madigan
President Donald Trump signed into law a Congressional Review Act resolution disapproving of a Consumer Financial Protection Bureau (CFPB) rule that banned mandatory arbitration clauses in financial contracts. [read post]
2 Nov 2017, 12:56 pm by Philip R. Stein
On November 1, President Trump formally did away with a Consumer Financial Protection Bureau (CFPB) arbitration rule that would have given consumers the opportunity to file class actions against banks and other companies in the financial services industry. [read post]
2 Nov 2017, 12:52 pm by Megan McArdle
Last week, they narrowly voted to overturn a ruling by the Consumer Financial Protection Bureau which would have banned banks from using forced arbitration ... [read post]
1 Nov 2017, 2:15 pm by SHanson
A quick visit to the Consumer Financial Protection Bureau website will give you a glimpse into just how many debt relief scams abound today despite continuing efforts to crack down on illegal and predatory practices. [read post]
1 Nov 2017, 11:16 am by Elizabeth A. Khalil
The Consumer Financial Protection Bureau (CFPB)’s long-anticipated rulemaking on small-dollar lending took a surprising turn. [read post]
31 Oct 2017, 9:30 pm by Aaron Jordan
This July, the Consumer Financial Protection Bureau (CFPB) issued a final rule banning financial institutions from preventing customers from joining class action lawsuits. [read post]
31 Oct 2017, 7:59 pm by Matthew D. Kaplan
Last week the Senate joined the House in voting to reverse a rule issued last July by the Consumer Financial Protection Bureau (CFPB). [read post]
30 Oct 2017, 12:14 pm by Wolfgang Demino
 – The Consumer Financial Protection Bureau (CFPB) today announced the launch of a new Mortgage Performance Trends tool that tracks delinquency rates nationwide. [read post]
30 Oct 2017, 10:00 am by The Sader Law Firm
The Consumer Financial Protection Bureau (CFPB) has published a report discussing the 22,900 complaints it received from student loan borrowers between September 2016 and August 2017. [read post]