Search for: "Consumer Financial Protection Bureau "
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3 Apr 2014, 6:00 am
As of July 21, 2011, the administration and enforcement of ILSA has been the purview of the Consumer Financial Protection Bureau (“CFPB”). [read post]
31 Mar 2021, 11:10 am
Even though Commissioner Chopra did not issue a statement to explain his vote, it is safe to assume, given his recent advocacy, that he likely preferred a settlement that included additional financial consequences to the defendants, including civil penalties, perhaps through a referral to the Consumer Financial Protection Bureau (CFPB), which he may soon lead. [read post]
24 Mar 2014, 1:26 pm
Duffy’s bill, entitled the “Bureau Advisory Committee Transparency Act,” would amend the Consumer Financial Protection Act (Title X of Dodd-Frank) to state that “notwithstanding any provision of the [FACA], such Act shall apply to each advisory committee of the Bureau. [read post]
1 Jan 2015, 9:31 am
After all, the bureau is called the Consumer Financial Protection Bureau. [read post]
10 Jan 2014, 11:00 am
Reference: The Consumer Financial Protection Bureau Blog (October 29, 2013) “Managing someone else’s money” [read post]
28 Jul 2015, 6:46 pm
The Consumer Financial Protection Bureau has been sending strong messages across the real estate industry lately with its aggressive campaign against companies who they believe have made material misrepresentations which improperly suggested the lender was affiliated with a United States governmental entity or the company advertising its mortgage products was endorsed, sponsored by, or affiliated with a governmental program to consumers. [read post]
28 Jul 2015, 6:46 pm
The Consumer Financial Protection Bureau has been sending strong messages across the real estate industry lately with its aggressive campaign against companies who they believe have made material misrepresentations which improperly suggested the lender was affiliated with a United States governmental entity or the company advertising its mortgage products was endorsed, sponsored by, or affiliated with a governmental program to consumers. [read post]
20 Mar 2015, 7:22 am
The list is intended to relieve companies from having to assess “what level of detail will address a complaint while protecting confidential information. [read post]
30 Jul 2010, 8:25 pm
He calls it the "obviously right thing," but goes on to explain anyway. [read post]
22 Jul 2014, 3:40 pm
The Consumer Financial Protection Bureau has already returned $4.6 billion to 15 million consumers who have been subjected to unfair and deceptive practices. [read post]
28 Jun 2010, 2:53 pm
Currently, the agency must first present actions seeking civil penalties for violations of Sec. 5 of the FTC Act to the Department of Justice so that it can decide whether to file the suit.Consumer Financial Protection BureauThe legislation would establish a new Consumer Financial Protection Bureau. [read post]
13 Jul 2013, 12:04 pm
If this weren't disturbing enough, the Consumer Financial Protection Bureau, created by the 2010 Dodd-Frank financial reform, is compiling a massive database of citizens' personal information—including monthly credit-card, mortgage, car and other payments—ostensibly to protect consumers from abuses by financial institutions. [read post]
8 Nov 2010, 6:59 am
With Elizabeth Warren named as the special adviser to set up the new Consumer Financial Protection Bureau, the financial services industry faces a rapidly changing regulatory environment. [read post]
13 Oct 2017, 11:53 am
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]
24 May 2010, 7:53 am
Some of the key measures include, but are not limited to:• A major overhaul in the regulation of banks and financial firms which were previously deemed “too big to fail,” including creating more powers for regulators to break up financial firms that are so large that they pose a threat to the stability of the entire financial system;• Limiting the scope of banks’ investment activities by in part banning banks from trading on their own accounts… [read post]
9 Jan 2019, 9:00 am
During the 2008 Financial crisis, the Federal Consumer Financial Protection Bureau found that mortgage servicers were committing frequent and egregious errors in the foreclosure process. [read post]
9 Mar 2020, 7:38 am
The staff of the Federal Trade Commission’s (FTC) Bureau of Consumer Protection released a much-anticipated paper on small business financing that highlights enforcement dangers on February 26, 2020. [read post]
31 Jan 2018, 1:47 pm
In a long-awaited constitutional decision regarding the Consumer Financial Protection Bureau (“CFPB”), the full D.C. [read post]
31 Jan 2018, 1:47 pm
In a long-awaited constitutional decision regarding the Consumer Financial Protection Bureau (“CFPB”), the full D.C. [read post]
9 Apr 2018, 9:30 pm
Consumer Financial Protection Bureau arose from charges of wrongdoing the CFPB brought against mortgage lender PHH Corporation. [read post]
