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14 Nov 2016, 10:09 am by Altman & Altman
Some of them include: The Asbestos Hazard Emergency Response Act Protects employees that report incidents of asbestos The Clean Air Act Prohibits retaliation against employees that report issues regarding air quality Federal Water Pollution Control Act Prohibits retaliation against employees that report incidents of polluting water sources Solid Waste Disposal Act Protects employees that report violations relating to the disposal of solid and hazardous waste Federal Railroad… [read post]
13 Nov 2016, 5:46 pm by Kevin LaCroix
  I would also expect that a Republican effort to reform the Dodd-Frank Act would also take aim at the Consumer Finance Protection Bureau, which the Dodd-Frank Act created. [read post]
11 Nov 2016, 10:02 am by Richard Symmes
 PRA Group, Inc. has recently been involved in litigation which involved fines and sanctions for improper debt collection practices and the Consumer Financial Protection Bureau ordered Portfolio Recovery Associates to pay consumers $19 million in refunds and $8 million in penalties and ordered the company to stop collecting on over $3 million worth of debts. [read post]
11 Nov 2016, 6:43 am by Staff Writer
The Consumer Financial Protection Bureau (CFPB) is a government agency charged with the responsibility of making sure that banks, lenders and other financial institutions treat consumers fairly. [read post]
11 Nov 2016, 4:03 am by Walter Olson
A proposal from the Consumer Financial Protection Bureau (CFPB) has drawn “unanimous fire from a broad coalition of financial companies, as well as from the American Bar Association and the American Civil Liberties Union, which called it unconstitutional. [read post]
On November 2, the Consumer Financial Protection Bureau (CFPB) and New York Attorney General filed a lawsuit in federal district court in New York over an alleged “massive, illegal debt-collection scheme” that supposedly involved improperly increased debts and threats of arrest or legal action against delinquent borrowers. [read post]
10 Nov 2016, 3:34 am by Walter Olson
Circuit panel, Judge Brett Kavanaugh writing, strikes down structure of Consumer Financial Protection Bureau (CFPB) as unconstitutional [Thaya Brook Knight, Ira Stoll back in 2013] Sounds like the ACLU’s internal “Civil Liberties Caucus,” as it’s been nicknamed, continues to lose clout within the org [David Meyer Lindenberg, Fault Lines] It’s not just Baltimore: unreasonable and unconstitutional police searches are common [Steve… [read post]
7 Nov 2016, 2:47 pm by Tiffany Quach
The definition of “financial product or service” excludes a financial product or service “regulated for the purpose of consumer or investor protection by any other state agency, state department or state public authority. [read post]
4 Nov 2016, 7:54 am by Altman & Altman
Some of them include: The Asbestos Hazard Emergency Response Act Protects employees that report incidents of asbestos The Clean Air Act Prohibits retaliation against employees that report issues regarding air quality Federal Water Pollution Control Act Prohibits retaliation against employees that report incidents of polluting water sources Solid Waste Disposal Act Protects employees that report violations relating to the disposal of solid and hazardous waste Federal Railroad… [read post]
3 Nov 2016, 9:30 pm by Justin Daniel
Department of Justice (DOJ) and the state of California, and which is reportedly likely to focus on whether Wells Fargo should have disclosed to its investors the fact that it was being investigated for opening unauthorized consumer accounts before a $185 settlement between the bank and the Consumer Protection Financial Bureau (CFPB) was announced in September. [read post]
3 Nov 2016, 11:45 am by Barbara S. Mishkin
CFPB has significant implications for the CFPB’s authority to enforce federal consumer financial protection laws as well as the Consumer Financial Protection Act (CFPA) prohibition of unfair, deceptive, or abusive acts or practices (UDAAP). [read post]
3 Nov 2016, 5:28 am by SHG
” Even the CFPB, in comments filed on May 6, 2016, agreed that the TCPA should be updated to allow latitude for servicing calls: “the Bureau agrees that servicing calls can be beneficial to consumers, so long as those calls are otherwise in compliance with applicable consumer protection laws. [read post]
2 Nov 2016, 12:17 pm by Joe Consumer
These “forced arbitration” rip off clauses are so anti-consumer that the Consumer Financial Protection Bureau has proposed a rule to prevent companies (like banks and lenders) from imposing “class action bans” on customers. [read post]
Last Monday, October 24, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray spoke on the Bureau’s approach to FinTech at Money 20/20, a conference focused on payments and financial service innovation. [read post]
1 Nov 2016, 3:38 am by Jonathan Rudnick
“Sloppy or callous” practices by student loan servicers are still costing consumers money despite stepped-up enforcement efforts, according to a report from the Consumer Financial Protection Bureau (CFPB), which recently returned more than $11 million to more than 225,000 harmed consumers. [read post]
1 Nov 2016, 3:38 am by Jonathan Rudnick
“Sloppy or callous” practices by student loan servicers are still costing consumers money despite stepped-up enforcement efforts, according to a report from the Consumer Financial Protection Bureau (CFPB), which recently returned more than $11 million to more than 225,000 harmed consumers. [read post]
1 Nov 2016, 3:38 am by Jonathan Rudnick
“Sloppy or callous” practices by student loan servicers are still costing consumers money despite stepped-up enforcement efforts, according to a report from the Consumer Financial Protection Bureau (CFPB), which recently returned more than $11 million to more than 225,000 harmed consumers. [read post]
31 Oct 2016, 10:24 am by Emory Ireland
The Federal Consumer Financial Protection Bureau (CFPB) has issued a Proposed Rule (Rule), which is intended to regulate (some would say, shut down) companies that make payday loans or vehicle title loans. [read post]
31 Oct 2016, 6:35 am
CFPB that the structure of the Consumer Financial Protection Bureau (“CFPB”) as an independent agency headed by a single Director violated Article II of the Constitution. [1] As a remedy, the court struck the Director’s “for cause” removal protection, such that the CFPB would no longer be an “independent agency” but could continue to operate. [read post]