Search for: "Consumer Financial Protection Bureau "
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11 Jul 2019, 1:04 pm
The CFPB announced that it has settled the lawsuit it filed in a California federal district court against Freedom Debt Relief (FDR) and its CEO for alleged violations of the Consumer Financial Protection Act (CFPA) and the Telemarketing Sales Rule (TSR). [read post]
4 May 2011, 8:06 am
Starting on Wednesday, the committee’s majority is expected to pass bills to cripple the Consumer Financial Protection Bureau, one of the most important innovations in the 2010 Dodd-Frank financial reform law. [read post]
1 Nov 2012, 8:30 am
The Federal Trade Commission and the Consumer Financial Protection Bureau are trying to crack down on this problem, but as consumers are often not aware that the debt collectors' actions are illegal or that they have any recourse, the problem persists. [read post]
12 Dec 2006, 4:06 am
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"Credit monitoring has become popular with consumers after aggressive advertising that often promotes its value in protecting against identity theft. [read post]
21 Apr 2015, 1:40 pm
– Today the Consumer Financial Protection Bureau (CFPB) and the Federal Trade Commission (FTC) took action against Green Tree Servicing, LLC, for mistreating mortgage borrowers who were trying to save their homes from foreclosure. [read post]
8 Dec 2022, 1:02 pm
According to a 2019 Consumer Financial Protection Bureau (CFPB) report, around half of consumers with subprime credit scores and two-thirds of those with near-prime credit scores make purchases on a rewards-based credit card; the more a customer understands how their reward program works, the more likely they are to spend. [read post]
6 Jul 2022, 8:51 am
It stated that “[t]he Bureau expects that its new Director, will assess what regulatory actions the Bureau should prioritize to best further its consumer protection mission and the Spring 2022 Agenda will reflect his priorities. [read post]
16 Mar 2010, 1:00 pm
And I will not accept attempts to undermine the independence of the consumer protection agency, or to exclude from its purview banks, credit card companies or nonbank firms such as debt collectors, credit bureaus, payday lenders or auto dealers. [read post]
5 Nov 2019, 10:42 am
The Consumer Financial Protection Bureau (CFPB), a federal consumer protection agency, sued Corinthian Colleges and eventually settled for $480 million. [read post]
4 Jan 2012, 8:58 pm
Obama Appoints Head of New Consumer Financial Protection Bureau President Obama appointed Richard Cordray as director of the Consumer Financial Protection Bureau, a new consumer protection agency, which was created under the Dodd-Frank Act. [read post]
12 May 2015, 9:44 am
— Today, the Consumer Financial Protection Bureau filed proposed orders in federal courts against Sprint and Verizon which, if approved, would provide $120 million in redress to wireless customers who were illegally billed hundreds of millions of dollars in unauthorized third-party charges. [read post]
24 Oct 2018, 11:36 am
The AGs argue that this language allows the CFPB to examine for MLA compliance because “Congress has explicitly provided [in the Consumer Financial Protection Act (CFPA)] that one ‘applicable authority’ available to the CFPB is examination of lenders in order to ‘detect[] and assess[] risks to consumers and to markets for consumer financial products and services. [read post]
19 Dec 2013, 3:52 pm
Nearly every member asked witness Jessica Rich, Director of the FTC’s Bureau of Consumer Protection, about the FTC’s role in regulating data broker practices. [read post]
8 Aug 2017, 11:11 am
(While the FRB has sole rulemaking authority over the majority of the EFAA, the FRB shares rulemaking authority with the Consumer Financial Protection Bureau over the provisions of the EFAA governing funds availability.) [read post]
8 Aug 2017, 11:11 am
(While the FRB has sole rulemaking authority over the majority of the EFAA, the FRB shares rulemaking authority with the Consumer Financial Protection Bureau over the provisions of the EFAA governing funds availability.) [read post]
3 Mar 2022, 8:18 am
” The bulletin is intended to remind market participants of their legal obligations under federal consumer financial laws. [read post]
24 Jul 2020, 6:23 am
Dodd and Richard Shelby working on the Consumer Financial Protection Bureau. [read post]
18 Sep 2023, 9:00 pm
A bipartisan coalition of 42 Attorneys General, led by Iowa, Nebraska, and Tennessee, and the Consumer Financial Protection Bureau (CFPB) announced a $35 million settlement with Tempoe LLC, a specialty consumer finance company. [read post]
20 Dec 2012, 4:30 am
Vladeck, director of the Bureau of Consumer Protection at the FTC, indicating the agency’s intent to make recommendations to Congress about whether increased monitoring of the industry is necessary. [read post]
1 Sep 2023, 9:05 pm
The Consumer Financial Protection Bureau (CFPB) recently enacted new rules that clarify disclosure requirements, communication guidelines, and credit reporting limitations for medical debts. [read post]
