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16 Dec 2015, 8:57 am by WOLFGANG DEMINO
— The Consumer Financial Protection Bureau (CFPB) today took action against EZCORP, Inc., a small-dollar lender, for illegal debt collection practices. [read post]
Last week, the CFPB took three actions demonstrating the agency’s continued focus on technology companies and personal financial data protection. [read post]
On March 2, 2016, the Consumer Financial Protection Bureau (CFPB) announced its first data security enforcement action in the form of a Consent Order with online payment platform Dwolla, Inc. [read post]
29 Apr 2010, 5:50 am by Peter S. Lubin and Vincent L. DiTommaso
By standing up to consumer fraud and consumer rip-offs, and in the right case filing consumer protection lawsuits and class-actions you too can help ensure that other consumers' rights are protected from consumer rip-offs and unscrupulous or dishonest practices. [read post]
9 Jul 2014, 7:45 pm
The article published June 5, 2014, discusses the recent RESPA regulatory enforcement actions by the Consumer Financial Protection Bureau (CFPB) against mortgage, title, real estate brokerages. [read post]
31 Oct 2023, 2:06 pm by Edward J. Cyran and Corey Scher
Last month, the Consumer Financial Protection Bureau (CFPB) kicked off a rulemaking process that would reshape the credit reporting and debt collection landscape and could have a detrimental effect on medical and dental providers’ bottom line. [read post]
5 Dec 2011, 9:39 pm by Joseph Mullaney
While the FTC could only muster enough gumption to file a measly 10 lawsuits, all eyes gaze upon the new Consumer Financial Protection Bureau which is hoped to be far more aggressive in going after debt collectors who violate the FDCPA. [read post]
25 Oct 2017, 11:03 am by Jesse Tyner Moore
Senate on the evening of October 24, 2017 to overturn the arbitration rules proposed in July by the Consumer Finance Protection Bureau. [read post]
3 Feb 2018, 8:45 am by Public Employment Law Press
The Circuit Court ruled that the structure of the Consumer Financial Protection Bureau [CFPB] is constitutional and that its director[4]can be terminated by the President only for cause. [read post]
9 Oct 2013, 6:59 am by Joseph M. Marger
Unless the subdivision qualifies for certain limited exemptions, a developer must satisfy specific pre-contractual and pre-closing disclosure obligations, and must register the project with the Consumer Financial Protection Bureau (“CFPB”), a creation of Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Title X”), 12 U.S.C.A. 5511. [read post]
9 Oct 2013, 6:59 am by Joseph M. Marger
Unless the subdivision qualifies for certain limited exemptions, a developer must satisfy specific pre-contractual and pre-closing disclosure obligations, and must register the project with the Consumer Financial Protection Bureau (“CFPB”), a creation of Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Title X”), 12 U.S.C.A. 5511. [read post]
8 Apr 2011, 10:00 pm
CBO also noted that to create new agencies, including the Financial Stability Oversight Council, Office of Financial Research, Consumer Financial Protection Bureau, and Office of National Research, the government will spend $6.3 billion. [read post]
29 Jul 2016, 1:00 pm by Dykema
The Consumer Financial Protection Bureau (“CFPB”) announced yesterday at a field hearing in Sacramento, California, that it is considering several potential approaches to issuing rules on debt collection. [read post]
26 Dec 2011, 8:30 am
The Consumer Financial Protection Bureau plans to use data on consumer complaints to provide insight to the nation's biggest credit-card issuers, including Bank of America, American Express, CitiGroup, Capital One and JPMorgan Chase. [read post]
6 Feb 2012, 8:04 am by Nicole Kellner-Swick
Last year the Consumer Financial Protection Bureau (CFPB) created the “Know Before You Owe” initiative in order to educate borrowers about the true cost of consumer loans and give them the tools to shop for the financial products that best fit their needs. [read post]
12 Jun 2015, 7:00 am by Joshua Davey
Although the rule does not impose new substantive consumer protection requirements, it allows the Bureau to supervise auto finance companies under the Dodd-Frank Act, monitoring them for compliance with consumer financial protection laws including the Truth in Lending Act, the Equal Credit Opportunity Act, the Consumer Leasing Act, and the Dodd-Frank Act’s prohibition on unfair or deceptive acts or practices. [read post]
3 Aug 2010, 11:25 am by Alfred Brophy
Two letters to President Obama -- one from 140 professors and another from 162 former students -- have joined the calls  for the appointment of Elizabeth Warren as the first director of the Bureau of Consumer Financial Protection.The academics' letter highlights Warren's "broad, and perhaps unique, perspective on why effective consumer protection is essential for the safety and soundness of the… [read post]
29 Aug 2014, 12:58 pm
He is the Deputy Director of the Consumer Financial Protection Bureau whose responsibility is supervision, enforcement, and fair lending. [read post]
To finally try to put a stop to it (at least in the financial industry) the Consumer Financial Protection Bureau (CFPB), a nonpartisan office set up by the Obama administration in the wake of the deceptive mortgage lending practices that resulted in the Great Recession, has adopted a new rule to ban banks from including arbitration agreements in their customer contracts. [read post]