Search for: "Consumer Financial Protection Bureau "
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5 Oct 2015, 12:12 pm
Slagle A new Joint Statement issued by the Consumer Financial Protection Bureau, Department of Education, and Department of the Treasury presents a framework to standardize student loan servicing practices across the various federal and private borrowing programs. [read post]
2 Oct 2015, 8:22 am
” Indeed, according to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, and consumer financial products or services, as well as representatives of community banks and credit unions. [read post]
1 Oct 2015, 9:05 pm
[Business Insider] Amid court setbacks, SEC says it might tinker with its use of in-house administrative judges after all [David Michaels, Bloomberg] “The Consumer Financial Protection Bureau’s Arbitration Study: A Summary and Critique” [Jason Scott Johnston and Todd Zywicki, SSRN] “Rand Paul and Five Expats Sue the Feds Over FATCA” [Matt Welch, Reason, earlier on this exceedingly bad law] Sen. [read post]
1 Oct 2015, 12:59 pm
Director Cordray acknowledged the need to balance consumer protection concerns against the need for access to small dollar credit, but appeared to remain committed towards taking a hard stance against the industry. [read post]
30 Sep 2015, 9:00 am
To report fraud, contact the Consumer Financial Protection Bureau, the Financial Fraud Enforcement Task Force, or the Texas Attorney General’s Office. [read post]
30 Sep 2015, 5:38 am
Abstract below: This article reviews the law and economics of consumer debt collection and its regulation, a topic that has taken on added urgency in light of the announcement by the Consumer Financial Protection Bureau that it is considering new regulations on the subject. [read post]
28 Sep 2015, 12:37 pm
The Hearing is entitled “The Semi-Annual Report of the Bureau of Consumer Financial Protection”. [read post]
28 Sep 2015, 7:40 am
For example, the Consumer Financial Protection Bureau has enacted a variety of regulations that harm the very consumers it is supposed to protect. [read post]
25 Sep 2015, 4:02 pm
Because it’s difficult to top this anecdote from Ballard Spahr partner Alan Kaplinsky—on whether or not his blog’s words reach the halls of the agency he covers, the Consumer Financial Protection Bureau. [read post]
25 Sep 2015, 2:30 pm
Recently the Consumer Financial Protection Bureau (“CFPB”) took action against two of the largest debt buyers, Encore Capital Group and Portfolio Recovery Associates, LLC for using deceptive tactics to collect on old and charged off debts. [read post]
22 Sep 2015, 6:04 am
The bulletin also states that the department will want to be kept informed of how the licensee or registrant is managing the vendor’s activities and what protections and remedies are being put in place by the vendor for Connecticut consumers. [read post]
21 Sep 2015, 10:48 am
– The Consumer Financial Protection Bureau (CFPB) today finalized several changes to its mortgage rules to facilitate responsible lending by small creditors, particularly in rural and underserved areas. [read post]
16 Sep 2015, 4:25 pm
OIG – Board of Governor’s of the Federal Reserve – CFPB Report: 2015-FMIC-C-016 September 10, 2015 “The Consumer Financial Protection Bureau (CFPB) publicly discloses certain consumer complaint data through its Consumer Complaint Database, which is available on its website. [read post]
15 Sep 2015, 11:01 am
PRESS RELEASE FROM THE CONSUMER FINANCIAL PROTECTION BUREAU:FOR IMMEDIATE RELEASE:September 15, 2015CONTACT:Office of CommunicationsTel: (202) 435-7170CONSUMER FINANCIAL PROTECTION BUREAU SUES WORLD LAW GROUP FOR CHARGING ILLEGAL FEES AND MAKING FALSE PROMISES IN DEBT-RELIEF SCHEME Lawsuit Names Individuals Responsible for Bilking $67 million from 21,000 ConsumersWASHINGTON, D.C. [read post]
15 Sep 2015, 4:42 am
Associations, Consumer Operated and Oriented Plan (CO-OP) Programs, Stand Alone Dental Plans, Federally-faciliated Marketplace (FFM) Issuers, State Based Marketplaces, SBM Issuers, and Small Business Health Options Program (SHOP) issuers should review the Centers for Medicare & Medicaid Services (CMS) Payment Policy & Financial update on CMS’ policies regarding the administration of the enrollment and payment data reporting requirements of the Patient… [read post]
14 Sep 2015, 12:44 pm
One of her recommendations is to move the oversight from the DOE to the Consumer Financial Protection Bureau. [read post]
13 Sep 2015, 7:06 am
The results are quite timely given that the Consumer Financial Protection Bureau is poised to release regulations for payday lenders. [read post]
11 Sep 2015, 6:07 am
The Consumer Financial Protection Bureau (CFPB) announced it is imposing fines on two debt buyers and collectors after determining the companies had purchased unverified debts, and then used inaccurate documents to acquire payments from debtors through lawsuits and settlements. [read post]
11 Sep 2015, 3:43 am
The Consumer Financial Protection Bureau also ordered the Encore Capital Group and Portfolio Recovery Associates to pay penalites and stop collections on some debt.Read More [read post]
26 Aug 2015, 12:56 pm
For example, the Consumer Financial Protection Bureau (CFPB), a relatively new federal agency formed in 2011 under The Dodd-Frank Act, explicitly targets its enforcement powers at the conduct of both financial institutions and their service providers. [read post]
