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The Consumer Financial Protection Bureau (CFPB) proposed Friday to temporarily relax the scope of upcoming changes to Regulation C, which implements the Home Mortgage Disclosure Act (HMDA), by raising one threshold for HMDA reporting. [read post]
18 Jul 2017, 2:26 pm by WOLFGANG DEMINO
 — The Consumer Financial Protection Bureau (CFPB) today announced a new rule to ban companies from using mandatory arbitration clauses to deny groups of people their day in court. [read post]
18 Jul 2017, 7:48 am by Cathy Moran
Dodd Frank created the Consumer Financial Protection Bureau, Elizabeth Warren’s idea to create a governmental counter-weight and watch dog on those who sell to consumers. [read post]
17 Jul 2017, 2:23 pm by Hunton & Williams LLP
On July 10, 2017, in a 775-page release, the Consumer Financial Protection Bureau (“CFPB”) issued its long-awaited final arbitration rule (“Arbitration Rule”) pertaining to consumer finance contracts. [read post]
17 Jul 2017, 2:23 pm by Hunton & Williams LLP
On July 10, in a 775-page release, the Consumer Financial Protection Bureau (“CFPB”) issued its long-awaited final arbitration rule (“Arbitration Rule”) pertaining to consumer finance contracts. [read post]
17 Jul 2017, 8:00 am by Beth Graham
Last week, the Consumer Financial Protection Bureau (“CFPB”) finalized a new rule that prohibits most credit card issuers and banking institutions from requiring consumers to enter into mandatory arbitration agreements that bar collective action lawsuits. [read post]
14 Jul 2017, 3:11 pm
I just wanted my old-school Prince song.It's not until something goes wrong that the fine print gets a read, and it's never good news for the average consumer.This week, after more than a year since the Consumer Financial Protection Bureau posted a rule change on the Federal Register, the director of the agency announced that companies can no longer use mandatory arbitration clauses to deny groups of people their day in court.These are those… [read post]
14 Jul 2017, 7:29 am by Thomas B. Alleman
On July 10, 2017, the Consumer Financial Protection Bureau (CFPB) dropped the other shoe and issued final rules prohibiting “providers of consumer financial products and services in the core consumer financial markets of lending money, storing money, and moving or exchanging money” from “using a pre-dispute arbitration agreement to block consumer class actions in court. [read post]
14 Jul 2017, 7:29 am by Thomas B. Alleman
On July 10, 2017, the Consumer Financial Protection Bureau (CFPB) dropped the other shoe and issued final rules prohibiting “providers of consumer financial products and services in the core consumer financial markets of lending money, storing money, and moving or exchanging money” from “using a pre-dispute arbitration agreement to block consumer class actions in court. [read post]
14 Jul 2017, 6:00 am by Andrew Kent
The heads of independent agencies such as the Federal Trade Commission and Consumer Financial Protection Bureau have this kind of statutory protection for their tenure in office. [read post]
14 Jul 2017, 3:30 am by Tom C.W. Lin
  Public intermediaries like the Consumer Financial Protection Bureau and the Affordable Care Act via their mortgage calculator and insurance exchanges, respectively, assist consumers make key life decisions about buying a home and purchasing health insurance. [read post]
13 Jul 2017, 9:30 pm by Sarah Madigan
IN THE NEWS The Consumer Financial Protection Bureau adopted a rule that would allow consumers to “band together in class-action lawsuits” instead of forcing the use of arbitration in consumer disputes with banks and credit card companies. [read post]
13 Jul 2017, 12:50 pm by Sarah Auchterlonie
On June 10, 2017, the Consumer Financial Protection Bureau (CFPB) published a final rule attacking the use of class action waivers in arbitration clauses in certain consumer contracts. [read post]
13 Jul 2017, 9:57 am by Chris Castle
 Not only do they associate music with a credit card (something that some artists will object to, particularly progressives who may not look too kindly on banks–see Consumer Financial Protection Bureau) but Spotify also takes the next step–using music as a loss leader to promote credit cards. [read post]
12 Jul 2017, 9:30 pm by Patrick M. Corrigan
Court of Appeals for the District of Columbia Circuit struck down the statutory provision granting the head of the Consumer Financial Protection Bureau (CFPB) protection against removal without cause by the President. [read post]
12 Jul 2017, 11:11 am by Phyllis H. Marcus and John Jay Range
On July 11, 2017, the Consumer Financial Protection Bureau (“CFPB”) adopted a final rule that bars financial firms from forcing consumers into mandatory arbitration clauses as a condition of opening an account. [read post]
12 Jul 2017, 11:11 am by Phyllis H. Marcus
On July 11, 2017, the Consumer Financial Protection Bureau (“CFPB”) adopted a final rule that bars financial firms from forcing consumers into mandatory arbitration clauses as a condition of opening an account. [read post]
12 Jul 2017, 7:52 am by Alexis Wheeler
The Consumer Financial Protection Bureau (CFPB) [official website] announced [press release] a new rule Monday, banning mandatory arbitration clauses in consumer agreements. [read post]