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15 Oct 2017, 3:00 am by Taras Rudnitsky
The Consumer Financial Protection Bureau (CFPB) recently issued its long-awaited rule that applies to a payday loan, vehicle title loan, and many other loans having a high interest rate. [read post]
13 Oct 2017, 12:38 pm by Richard J. Andreano, Jr.
The Consumer Financial Protection Bureau has issued a second version of the Home Mortgage Disclosure Act (Regulation C) Small Entity Compliance Guide. [read post]
13 Oct 2017, 11:53 am by Kristen R. Klesh
To help set the record straight, Lesley Fair, a Senior Attorney with the Federal Trade Commission’s (FTC or Commission), Bureau of Consumer Protection, reminded us during last week’s NAD Annual Conference that the FTC has kept quite busy over the last year or so, with numerous enforcement cases arising out of the FTC’s Bureau of Consumer Protection. [read post]
12 Oct 2017, 4:22 pm by Cynthia Marcotte Stamer
To the extent permitted by law and supported by sound policy, the Secretaries should consider allowing such insurance to cover longer periods and be renewed by the consumer. [read post]
11 Oct 2017, 10:49 am
The Consumer Financial Protection Bureau, the Federal Trade Commission, the Federal Reserve Board, and state attorneys general all have authority in this area. [read post]
9 Oct 2017, 11:32 am by Barbara S. Mishkin
H.R. 3072, “Bureau of Consumer Financial Protection Examination and Reporting Threshold Act of 2017. [read post]
6 Oct 2017, 11:39 pm by Wolfgang Demino
As part of the package of remedies imposed  by the Consumer Financial Protection Bureau upon the National Collegiate Student Loan Trusts and their debt collector, TransWorld Systems, Inc. [read post]
6 Oct 2017, 5:07 pm
The Consumer Financial Protection Bureau has created new regulations meant to protect borrows against risky short-term and long-term loans with balloon payments. [read post]
6 Oct 2017, 5:07 pm
The Consumer Financial Protection Bureau has created new regulations meant to protect borrows against risky short-term and long-term loans with balloon payments. [read post]
6 Oct 2017, 1:04 pm by Cynthia Marcotte Stamer
Due to the massive size of the breach, mist companies have been required to respond to concerns of workers impacted directly by the breach as well as requests of employees and identity theft protection companies that the business consider offering cybersecurity protection for employees or customers. [read post]
5 Oct 2017, 9:30 pm by Sarah Madigan
IN THE NEWS The Consumer Financial Protection Bureau issued a rule designed to protect consumers of short-term loans, such as payday and vehicle title loans. [read post]
5 Oct 2017, 1:09 pm by Wolfgang Demino
CFPB OT 5, 2017 PRESS RELEASE [re-posted] CONSUMER FINANCIAL PROTECTION BUREAU FINALIZES RULE TO STOP PAYDAY DEBT TRAPSLenders Must Determine If Consumers Have the Ability to Repay Loans That Require All or Most of the Debt to be Paid Back at OnceWASHINGTON, D.C. [read post]
4 Oct 2017, 10:16 am by Tom Kosakowski
   Related posts: Meet Columbia's Ombuds; Consumer Financial Protection Bureau Appoints Ombuds; UN Ombuds to Headline ABA Dispute Resolution Conference; Navigating From Storm to Agreement; Columbia Adds Course on Advanced Ombuds Practice; Columbia University to Host Ombuds Career Panel & Networking Event; International Committee of the Red Cross Names Ombuds [read post]
4 Oct 2017, 8:00 am by ernst
Sandeep Vaheesan, Regulations Counsel at the Consumer Financial Protection Bureau, has reminsicent of a classic article by my emeritus Georgetown Law colleague (and dean who hired me) Robert Pitofsky, The Political Content of Antitrust. [read post]
2 Oct 2017, 2:12 pm by Michael Sugarman
The proposed rule would amend the CRA regulations’ definitions of ‘home mortgage loan’ and ‘consumer loan’ to conform to recent changes made by the Consumer Financial Protection Bureau to Regulation C, which implements the Home Mortgage Disclosure Act (HMDA). [read post]
2 Oct 2017, 12:06 pm by Kate Bateman
Political parties, consumed with internal jockeying and compromised by their own corrupt practices, have not taken on corrupt patronage networks. [read post]
2 Oct 2017, 10:48 am by Yale Hauptman
                Because there are four consumer credit reporting bureaus and financial companies use different ones it is probably a good idea to place a freeze on your credit with each agency (Experian, Equifax, Transamerica and Innovis). [read post]
2 Oct 2017, 7:59 am by Kathleen Scott
Voting against lifting the designation were the Chair of the Federal Deposit Insurance Corporation (FDIC), the Director of the Consumer Financial Protection Bureau and the Director of the Federal Housing Finance Agency. [read post]
1 Oct 2017, 3:22 pm by Sabrina I. Pacifici
The most recent financial crisis also resulted in changes to the regulatory system through the Dodd-Frank Wall Street Reform and Consumer Protection Act in 2010 (Dodd-Frank Act; P.L. 111-203) and the Housing and Economic Recovery Act of 2008 (HERA; P.L. 110-289). [read post]
30 Sep 2017, 7:29 am by Beth Graham
Yesterday, the United States Chamber of Commerce and a coalition of corporate business lobbying groups filed a lawsuit in the Northern District of Texas seeking to enjoin the Consumer Financial Protection Bureau (“CFPB”) from enforcing a new rule that prohibits most financial service providers from requiring consumers to sign mandatory arbitration agreements that bar class-action lawsuits. [read post]