Search for: "Consumer Financial Protection Bureau "
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8 Jun 2016, 2:48 pm
Based on Intercept’s conduct, the CFPB alleges Intercept violated the Consumer Financial Protection Act (“CFPA”). [read post]
8 Jun 2016, 9:46 am
Warner and Linda Perez Clark On Thursday, May 5, 2016, the Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rules that would fundamentally change the way certain businesses contract with consumers. [read post]
8 Jun 2016, 9:46 am
Warner and Linda Perez Clark On Thursday, May 5, 2016, the Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rules that would fundamentally change the way certain businesses contract with consumers. [read post]
8 Jun 2016, 9:46 am
Warner and Linda Perez Clark On Thursday, May 5, 2016, the Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rules that would fundamentally change the way certain businesses contract with consumers. [read post]
8 Jun 2016, 8:53 am
A few weeks ago, the Consumer Financial Protection Bureau, created by the Dodd-Frank legislation in the wake the 2008 financial crisis, officially recommended a ban on mandatory arbitration and class waiver clauses in consumer financial products contracts. [read post]
8 Jun 2016, 8:53 am
A few weeks ago, the Consumer Financial Protection Bureau, created by the Dodd-Frank legislation in the wake the 2008 financial crisis, officially recommended a ban on mandatory arbitration and class waiver clauses in consumer financial products contracts. [read post]
8 Jun 2016, 8:53 am
A few weeks ago, the Consumer Financial Protection Bureau, created by the Dodd-Frank legislation in the wake the 2008 financial crisis, officially recommended a ban on mandatory arbitration and class waiver clauses in consumer financial products contracts. [read post]
5 Jun 2016, 11:17 pm
It would scrap the so-called Volcker Rule, which bans banks from making bets with taxpayer-insured deposits, and would impose new limits on the powers of the director of the five-year-old Consumer Financial Protection Bureau. [read post]
3 Jun 2016, 6:02 am
[JURIST] The Consumer Financial Protection Bureau (CFPB) [official website] proposed a rule on Thursday seeking to address predatory loaning practices by "payday" and other high-interest lenders. [read post]
2 Jun 2016, 9:30 pm
IN THE NEWS The Consumer Financial Protection Bureau (CFPB) proposed a rule that would require the payday loan industry—providers of short-term loans with very high interest rates—to confirm that their customers can afford to repay loans before lending, a move that the CFPB says is necessary to protect consumers from falling into “debt traps,” but that is opposed by the payday loan industry, who fear that the rule… [read post]
2 Jun 2016, 1:29 pm
The Consumer Financial Protection Bureau proposed new rules to end payday debt traps. [read post]
1 Jun 2016, 10:56 am
The Consumer Financial Protection Bureau (CFPB) recently released a 23-page report claiming that single-payment vehicle title loans result in vehicle repossessions for nearly one in five borrowers. [read post]
1 Jun 2016, 8:34 am
The bill also includes a provision that states none of the CFPB’s funding “may be used to regulate pre-dispute arbitration agreements…and any regulation finalized by the Bureau to regulate pre-dispute arbitration agreements shall have no legal force or effect until the requirements regarding pre-dispute arbitration specified in the report accompanying [the bill] under the heading “Bureau of Consumer Financial… [read post]
31 May 2016, 1:36 pm
The Consumer Financial Protection Bureau "CFPB" announced they entered into a consent order on May 26, 2016 with a now former Wells Fargo loan officer employee, David Eghbali, for engaging in a purported illegal mortgage fee-shifting scheme. [read post]
31 May 2016, 9:20 am
The new federal agency, the Consumer Financial Protection Bureau, has posted template letters that you can adapt for dealing with dubious debt collectors. [read post]
28 May 2016, 6:36 am
On May 5, 2016, the Consumer Financial Protection Bureau (CFPB) released a 377-page notice of proposed rulemaking that would prohibit, going forward, banks and a variety of other companies from including in contracts arbitration clauses that would prevent consumers from filing or participating in class-action litigation. [read post]
27 May 2016, 12:06 pm
Tell @CFPB to ban the #RipoffClause! [read post]
26 May 2016, 9:05 pm
Trying to pressure banks to cease tax refund anticipation lending, FDIC staff crossed several lines of impropriety [inspector general executive summary via Kevin Funnell] Consumer Financial Protection Bureau, class action lawyers’ best friend, aims to suppress arbitration [WSJ, The Hill, earlier here, here, here] When CEOs campaign for their view of social justice, do they disserve shareholders’ interest? [read post]
26 May 2016, 9:07 am
Second, the substantial protection against interruption of income. [read post]
25 May 2016, 12:06 pm
The consumer protection intention of the legislation has been completely eliminated in favour of political and financial gains. [read post]
