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  This is one of the largest Telephone Consumer Protection Act (TCPA) robocall fines ever issued by the FCC. [read post]
28 Sep 2023, 9:22 am by Amy Howe
It created the Consumer Financial Protection Bureau to protect consumers in the marketplace and, in part, regulate predatory financial products, like the high-risk mortgages that had contributed to the crash. [read post]
28 Sep 2023, 6:15 am by Barbara S. Mishkin
In March 2022, the Consumer Financial Protection Bureau announced that it had revised its examination manual to instruct its examiners to apply the “unfairness” standard under the Consumer Financial Protection Act to conduct considered to be discriminatory, whether or not it is covered by the Equal Credit Opportunity Act. [read post]
27 Sep 2023, 11:23 am by Kaufman Dolowich Voluck
Medical debt could soon be barred from negatively affecting patients’ credit scores under a proposed rule being considered by the Consumer Financial Protection Bureau (CFPB). [read post]
On September 21, 2023, with limited time to digest the comments received by September 11, 2023 from the request for information regarding medical payment products, the Consumer Financial Protection Bureau (CFPB) started the FCRA rulemaking process. [read post]
22 Sep 2023, 5:55 am by Michael Dreeben
Six Unknown Named Agents of Federal Bureau of Narcotics or 42 U.S.C. [read post]
22 Sep 2023, 4:00 am by Jim Sedor
Lawmakers say more has to be done to help protect themselves and their staff from a dramatic rise in daily threats. [read post]
21 Sep 2023, 9:01 pm by Haofei Liu
The Consumer Financial Protection Bureau issued guidance requiring lenders who use artificial intelligence in reviewing loan applications to explain their reason for denying consumers credit. [read post]
21 Sep 2023, 7:34 am by Barbara S. Mishkin
Our special guest is Andrew Nigrinis, PhD, who formerly served as Enforcement Economist for the Consumer Financial Protection Bureau. [read post]
19 Sep 2023, 11:59 am by Kristen E. Larson
Chamber of Commerce (Chamber), Synchrony Bank (Synchrony), and National Consumer Law Center (NCLC) submitted comment letters in response to the Consumer Financial Protection Bureau’s request for information, about medical credit cards and other lending products used to pay for health care expenses.... [read post]
19 Sep 2023, 6:59 am by sydneygallek
Unsatisfied patients are taking to review websites such as the Better Business Bureau and the Consumer Financial Protection Bureau (CFPB). [read post]
19 Sep 2023, 6:59 am by sydneygallek
Unsatisfied patients are taking to review websites such as the Better Business Bureau and the Consumer Financial Protection Bureau (CFPB). [read post]
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]
18 Sep 2023, 9:00 pm by Paul L. Singer
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]
15 Sep 2023, 11:10 am by Erik L. Johnson
Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra recently addressed The Mortgage Collaborative National Conference recounting the Congressional response to the mortgage industry crisis that began in 2008 that resulted in the creation of the CFPB. [read post]
15 Sep 2023, 6:38 am by Zak Gowen
Legal and Regulatory Developments SPOTLIGHT: The CFPB Eyes Tech Firms’ Role in Governing Tap-To-PayDigital Transactions News – September 8, 2023 The Consumer Financial Protection Bureau late Thursday released a report raising questions about the part restrictions imposed by big technology firms like Apple Inc. and Alphabet Inc’s Google subsidiary may play in hampering innovation, consumer choice, and the growth of open and decentralized… [read post]
14 Sep 2023, 6:00 am by Tad Lipsky
Then, on April 15, 2016, President Barack Obama issued an executive order titled “Steps to Increase Competition and Better Inform Consumers and Workers to Support Continued Growth of the American Economy. [read post]
Last week, three farm credit trade associations filed the latest in a series of unopposed emergency motions for leave to intervene in the Texas case challenging the Consumer Financial Protection Bureau’s (“CFPB”) final small business lending rule implementing Section 1071 of the Dodd-Frank Act (Rule). [read post]
13 Sep 2023, 6:00 am by Tad Lipsky
Mellon was a highly successful financier; one of the world’s first venture-capital investors (financing hundreds of enterprises); a leading philanthropist (original and main benefactor of the National Gallery of Art); and secretary of the U.S. [read post]