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10 May 2016, 10:15 am by Joe Consumer
Lately, my biggest laughs have come while monitoring the reaction to a rule just proposed by the Consumer Financial Protection Bureau (CFPB). [read post]
10 May 2016, 8:20 am by Beth Graham
The Consumer Financial Protection Bureau (“CFPB”) has proposed a plan to ban mandatory arbitration provisions in most consumer contracts entered into with banking institutions and credit card companies. [read post]
9 May 2016, 7:53 am by Mark Weidemaier
As has been expected for some time, the Consumer Financial Protection Bureau has issued a proposed rule that would prohibit companies providing consumer financial services from pairing arbitration clauses with clauses that prohibit consumers from bringing or participating in class actions. [read post]
8 May 2016, 6:58 pm by Consuella Pachico
The Consumer Financial Protection Bureau has proposed a rule to ban mandatory arbitration clauses in a wide range of consumer contracts which could potentially affect hundreds of millions of accounts. [read post]
6 May 2016, 11:44 am by Alan L. Friel and Suchismita Pahi
Commissioner O’Rielly blasted the NPRM, writing in his dissent that regulating only one part of the Internet economy (i.e., ISPs but not edge networks) would “hamstring competition with the largest users of consumer data. [read post]
6 May 2016, 6:59 am by Donald Maurice
The Consumer Financial Protection Bureau has released a proposal to prohibit creditors from using arbitration clauses to block class action litigation. [read post]
5 May 2016, 12:30 pm by Matthew J. Reynolds
Today the Consumer Financial Protection Bureau announced that it is issuing and seeking public comment on new proposed regulations that would prohibit providers of certain consumer financial products and services from including mandatory arbitration clauses that preclude class-action lawsuits in their consumer contracts. [read post]
5 May 2016, 9:58 am by Ashley Matthews and Justin Opitz
The Consumer Financial Protection Bureau (CFPB) plans to begin supervising online “peer-to-peer” or “platform” lenders as soon as late 2017, according to the Wall Street Journal. [read post]
5 May 2016, 9:00 am by Dawn N. Williams
Today, the Consumer Financial Protection Bureau (the “CFPB”) released much-anticipated proposed rules for mandatory arbitration clauses, which the CFPB colloquially refers to as “contract gotchas. [read post]
5 May 2016, 8:21 am by Mary Grob and Justin Opitz
In the letter, the Senators went on to applaud the on-going efforts of other agencies, including the Consumer Financial Protection Bureau (CFPB), to address “the injustice resulting from mandatory arbitration clauses” and invited the FCC to take further action on the issue. [read post]
5 May 2016, 7:46 am by WOLFGANG DEMINO
 — Today the Consumer Financial Protection Bureau (CFPB) is seeking comments on proposed rules that would prohibit mandatory arbitration clauses that deny groups of consumers their day in court. [read post]
4 May 2016, 11:15 am by Mark F. Anderson
The Consumer Financial Protection Bureau has a report on the 26 million Americans who are “credit invisible. [read post]
4 May 2016, 11:15 am by Mark F. Anderson
The Consumer Financial Protection Bureau has a report on the 26 million Americans who are “credit invisible. [read post]
3 May 2016, 2:40 pm by Elliot Harmon
The Consumer Financial Protection Bureau is expected to release a similar proposal this month affecting banks’ contracts. [read post]
3 May 2016, 8:37 am by Barbara S. Mishkin
  The report indicates that at the end of 2015, “the Bureau had a number of authorized enforcement actions in settlement negotiations and pending investigations. [read post]
2 May 2016, 10:21 am by Peter S. Lubin and Vincent L. DiTommaso
Corporate advocates claim consumers also benefit from these arbitration agreements, which has turned the argument into a bit of “he said/she said” issue, but the Consumer Financial Protection Bureau (CFPB) might be able to put the issue to rest. [read post]
2 May 2016, 9:00 am by Dawn N. Williams
On April 28, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray sent a letter to eight financial industry trade groups stating that the agency intends to propose new amendments in late July 2016 to the rules synthesizing mortgage lending disclosures under the Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA). [read post]
1 May 2016, 4:53 pm by Consuella Pachico
Consumer Financial Protection Bureau action, alleging abusive debt collection practices. [read post]
29 Apr 2016, 3:40 pm
— Today the Consumer Financial Protection Bureau (CFPB) unveiled the student loan Payback Playbook, a set of prototype disclosures that outline a path to affordable payments for borrowers trying to avoid student debt distress. [read post]