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19 Apr 2022, 1:04 pm by Alexandra Megaris and Leonard L. Gordon
A lawsuit filed by the CFPB last week against a national credit reporting agency provides some insight into the types of website features and designs that regulators like the Consumer Financial Protection Bureau and Federal Trade Commission will target. [read post]
1 Jul 2020, 10:59 am by Sherwin Root and John Dineen
On June 9 the Consumer Financial Protection Bureau (CFPB) published a Factsheet on how to disclose title insurance on the Loan Estimate and Closing Disclosure, including when a negative owner’s title insurance cost disclosure is appropriate, and updated the TRID FAQs to include guidance on the total of payments disclosure, using the optional signature line on the Loan Estimate and Closing Disclosure, and the requirement to include seller information on the… [read post]
14 Nov 2013, 8:50 am by Neil Burns
The CARD Act is enforced by the Consumer Financial Protection Bureau, the brainchild of Massachusetts Senator Elizabeth Warren. [read post]
10 Jan 2014, 6:30 am by Katherine Gasztonyi
—who, incidentally, has called for a full investigation by the Consumer Financial Protection Bureau into Target’s data breach—joined fellow Banking Committee Democrat Senators Bob Menendez (D-N.J.) and Mark Warner (D-Va.) in asking Chairman Tim Johnson (D-S.D.) to hold a hearing on data privacy and protection issues. [read post]
21 Jun 2018, 6:56 am by Erin F. Fonté and Brenna E. McGee
While the Consumer Financial Protection Bureau (CFPB) has the authority to pass regulations on data sharing under Dodd-Frank, it has opted not to do so thus far. [read post]
18 Jun 2015, 12:46 pm by WOLFGANG DEMINO
CONSUMER FINANCIAL PROTECTION BUREAU TAKES ACTION AGAINST MEDICAL DEBT COLLECTORCompany Mishandled Consumer Credit Reporting Disputes, Prevented Consumers From Exercising Debt Collection Rights WASHINGTON, D.C. [read post]
4 May 2011, 1:58 pm by Adam Levitin
Concepcion (waiver of class actions in arbitrations) Attempts to bust up public employee unions (and attacks on unions in general, such as the failure of Card Check legislation) Citizens United (corporate speech rights) Attempts to retain the current corrupt swipe fee system (failure of antitrust) Attacks on public health insurance (prohibition on Medicare bargaining over prescription drug prices and the death of the public option) Attempts to first kill off and now to maim the Consumer… [read post]
9 Sep 2019, 6:00 am
  YOU can help stop zombie debt collectionThe Consumer Financial Protection Bureau has extended the comment period for its (terrible) proposed rule on debt collection to September 18, 2019. [read post]
9 May 2013, 7:40 am
Legal plans can help with the prosecution of the thieves when they are caught, but too often group legal plans don't have enough in their coverage to fully protect the consumer. [read post]
8 Dec 2011, 8:50 am by Lovechilde
that progressives were pushing hard to get Elizabeth Warren appointed to head her brainchild, the Consumer Financial Protection Bureau. [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]
26 Mar 2019, 2:21 pm by Jeremy C. Sairsingh
Specifically, the Bureau is looking for: Experts in consumer protection, community development, consumer finance, fair lending, and civil rights; Experts in consumer financial products or services, including consumer reporting, debt collections, and debt relief; Representatives of banks and credit unions that primarily serve underserved communities Representatives of communities that have been significantly impacted by higher priced… [read post]
24 Jul 2019, 1:52 pm by Barbara S. Mishkin
A motion to dismiss has been filed by the group of credit repair companies sued by the CFPB in Utah federal district court for alleged violations of the Telemarketing Sales Rule (TSR) and the Consumer Financial Protection Act (CFPA). [read post]
30 Sep 2020, 1:09 pm by Heather S. Klein
He simultaneously signed AB 1864, which creates the Department of Financial Protection and Innovation (DFPI) and the California Consumer Financial Protection Law, and SB 908, which requires licensure of certain persons who are engaged in the business of collecting, on behalf of themselves or others, debts arising from consumer credit transactions with consumers who reside in California. [read post]
(Hudson City), the Consumer Financial Protection Bureau (CFPB), and the Department of Justice (DOJ). [read post]
20 Jan 2016, 7:09 am by The Sader Law Firm
Earlier this year, the Consumer Financial Protection Bureau (CFPB) published a list of consumer complaints against debt collectors. [read post]
21 Jul 2010, 4:07 pm by Bob Lawless
The latest catnip for the 24-hour news cycle seems to be speculation on whether President Obama will nominate Elizabeth Warren to head the new Consumer Financial Protection Bureau. [read post]
12 Oct 2016, 9:41 am by Rich Vetstein
Mortgage Lender Wins Stunning Ruling Challenging $103 Million Fine Characterizing Director Richard Cordray of the Consumer Financial Protection Bureau as the “single most powerful official in the entire U.S. [read post]