Search for: "Consumer Financial Protection Bureau "
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26 Jun 2017, 2:13 pm
On Thursday, June 22, 2017, the Consumer Financial Protection Bureau (CFPB) provided updated guidance for supervisory examinations of student loan servicers. [read post]
26 Jul 2018, 9:00 am
While speculation about the leadership, mandate, and future path of the Consumer Finance Protection Bureau remains at the forefront of financial news, the CFPB’s regulatory functionality has to some extent avoided the spotlight since the appointment of Mick Mulvaney as its acting director in November 2017. [read post]
19 Jun 2019, 7:08 am
On June 25, the CFPB will be holding a symposium on the meaning of "abusive" in the Consumer Financial Protection Act. [read post]
30 Oct 2017, 10:00 am
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]
4 Feb 2013, 9:18 am
Background on the FFIEC The FFIEC is a formal interagency body that is authorized to prescribe uniform principles, standards and report forms for the examination of financial institutions by the federal banking agencies, the National Credit Union Administration (NCUA) and the Bureau of Consumer Financial Protection (CFPB) (collectively, the “Agencies”). [read post]
2 Feb 2022, 6:23 am
Groundhog Day Eve was a fitting date for the hearing, as the Federal Trade Commission – this time through Bureau of Consumer Protection Director Samuel Levine – again called on Congress to pass legislation to clarify the agency’s Section 13(b) authority in the wake of the Supreme Court’s AMG decision. [read post]
3 Jan 2011, 4:33 am
The Act focuses on oversight, and establishes some new committees and councils, such as the Consumer Financial Protection Bureau and the Financial Services Oversight Council has also been created to serve as an early warning detection system for storms brewing in the markets. [read post]
26 Jul 2024, 9:04 am
On July 24, the Consumer Financial Protection Bureau (CFPB) issued a press release announcing its release of a circular warning companies away from using broad nondisclosure agreements to prevent employees from becoming whistleblowers. [read post]
28 Feb 2018, 6:55 am
In particular the court ruled that the structure of the Consumer Financial Protection Bureau [CFPB] is constitutional and that its director can be terminated by the President only for cause. [read post]
28 Feb 2018, 6:55 am
In particular the court ruled that the structure of the Consumer Financial Protection Bureau [CFPB] is constitutional and that its director can be terminated by the President only for cause. [read post]
19 Nov 2012, 10:03 am
By Philip Gordon and Calder Huntington The Consumer Financial Protection Bureau (“CFPB”) — best known as a financial services regulator and for the Senate’s rejection of the nominee to be its first chief (who, in an ironic twist, won a Senate seat in the 2012 elections) — also exercises some regulatory authority with an impact on employers. [read post]
31 Jul 2012, 10:31 am
The staff of the FTC’s Bureau of Consumer Protection has weighed in on the CFPB’s Advance Notice of Proposed Rulemaking seeking information on extending Regulation E requirements to general purpose reloadable prepaid cards or GPR cards. [read post]
22 Jun 2015, 11:55 am
Levin A new empirical study of approximately 5,000 American Arbitration Association (AAA) consumer arbitrations conducted between 2009 and 2013 purports to find a “repeat player” effect favoring companies that previous researchers, including the Consumer Financial Protection Bureau (CFPB) itself, have not discerned. [read post]
11 Mar 2011, 11:13 am
The Chairman names the directors of the FTC's bureaus, including the Consumer Protective Bureau. [read post]
22 Jul 2015, 2:01 pm
— Today the Consumer Financial Protection Bureau (CFPB) took action against Discover Bank and its affiliates for illegal private student loan servicing practices. [read post]
27 Jul 2010, 11:33 am
(b) FURTHER AUTHORITY - The Bureau, by regulation, may prohibit or impose conditions or limitations on the use of an agreement between a covered person and a consumer for a consumer financial product or service providing for arbitration of any future dispute between the parties, if the Bureau finds that such a prohibition or imposition of conditions or limitations is in the public interest and for the protection of consumers. [read post]
21 Sep 2015, 10:48 am
– The Consumer Financial Protection Bureau (CFPB) today finalized several changes to its mortgage rules to facilitate responsible lending by small creditors, particularly in rural and underserved areas. [read post]
22 Nov 2006, 9:28 am
If your financial situations worsens and you do need to file for bankruptcy, your retirement account is protected under the new bankruptcy laws. [read post]
8 Jun 2023, 7:06 am
Section 1071 amended the Equal Credit Opportunity Act to require financial institutions to collect and report certain data in connection with credit applications made by small businesses, including women- or minority-owned small businesses. [read post]
14 Sep 2010, 12:05 pm
Adler) In the past few days there has been speculation that President Obama would name Harvard law professor Elizabeth Warren to be the interim head of the new Consumer Financial Protection Agency (CFPA) created by the Dodd-Frank financial reform legislation. [read post]