Search for: "Consumer Financial Protection Bureau "
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25 Jun 2015, 6:34 am
The standards were issued jointly on June 9 by six federal agencies—the Federal Reserve Board, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corp., the National Credit Union Administration, the Office of the Comptroller of the Currency, and the Securities and Exchange Commission. [read post]
25 Jun 2015, 3:36 am
The Consumer Financial Protection Bureau has ordered a medical debt collector to pay more than $5.4 million to consumers affected by its debt collection practices and a $500,000 penalty. [read post]
24 Jun 2015, 10:41 am
On June 4, 2015, Consumer Financial Protection Bureau Director Richard Cordray issued a decision in the first appeal of a CFPB administrative proceeding. [read post]
24 Jun 2015, 7:51 am
In a new study, the Consumer Financial Protection Bureau (CFPB) criticizes reverse mortgages as misleading and as having resulted in senior citizens being confused about exactly what such a transaction involves. [read post]
22 Jun 2015, 11:55 am
Levin A new empirical study of approximately 5,000 American Arbitration Association (AAA) consumer arbitrations conducted between 2009 and 2013 purports to find a “repeat player” effect favoring companies that previous researchers, including the Consumer Financial Protection Bureau (CFPB) itself, have not discerned. [read post]
22 Jun 2015, 7:57 am
On June 4, 2015, the Consumer Financial Protection Bureau (CFPB) filed a complaint in the United States District Court for the Northern District of California against RPM Mortgage, Inc. [read post]
18 Jun 2015, 6:14 pm
The federal Consumer Financial Protection Bureau (the "CFPB") announced today that it has taken action against a medical debt collection company in regard to the manner it handled consumer credit reporting disputes and consumer debt collection rights. [read post]
18 Jun 2015, 12:46 pm
CONSUMER FINANCIAL PROTECTION BUREAU TAKES ACTION AGAINST MEDICAL DEBT COLLECTORCompany Mishandled Consumer Credit Reporting Disputes, Prevented Consumers From Exercising Debt Collection Rights WASHINGTON, D.C. [read post]
18 Jun 2015, 8:02 am
The federal Consumer Financial Protection Bureau issued a brief press release yesterday, confirming reports that it would be issuing a proposed amendment to delay the effective date for the “Know Before You Owe” TILA-RESPA Integrated Disclosure (TRID) rule until Oct. 1, 2015. [read post]
18 Jun 2015, 5:42 am
CFPB Responds To Industry and Consumer Concerns On New Compliance Rules The Consumer Financial Protection Bureau announced on Wednesday a proposal to delay the effective date of the TILA-RESPA Integrated Disclosure rule until Oct. 1. [read post]
17 Jun 2015, 3:38 pm
Consumer Financial Protection Bureau "CFPB" Director Richard Cordray issued the following statement with respect to the TRID delay proposal: “The CFPB will be issuing a proposed amendment to delay the effective date of the Know Before You Owe rule until October 1, 2015. [read post]
17 Jun 2015, 2:23 pm
— Today the Consumer Financial Protection Bureau (CFPB) sued an auto loan company, Security National Automotive Acceptance Company, for aggressive debt collection tactics against servicemembers. [read post]
16 Jun 2015, 9:14 am
For more on these requirements, check out the information provided here by the Consumer Financial Protection Bureau (CFPB). [read post]
15 Jun 2015, 9:05 pm
Consumer Financial Protection Bureau cracks down on “rent-a-D.A. [read post]
14 Jun 2015, 9:30 pm
Under the Dodd-Frank Act, the Consumer Financial Protection Bureau (CFPB) tried to simplify these overloaded disclosures. [read post]
13 Jun 2015, 6:01 am
Large non-bank auto financers will now be supervised by the Consumer Financial Protection Bureau, according to a final rule released June 10, that also outlines the examination procedures that will be used to evaluate said companies. [read post]
12 Jun 2015, 2:25 pm
This case is part of the FTC’s consumer protection program related to FinTech; the use of new and emerging financial technology The FTC and the promoter reached a case settlement. [read post]
12 Jun 2015, 7:00 am
Although the rule does not impose new substantive consumer protection requirements, it allows the Bureau to supervise auto finance companies under the Dodd-Frank Act, monitoring them for compliance with consumer financial protection laws including the Truth in Lending Act, the Equal Credit Opportunity Act, the Consumer Leasing Act, and the Dodd-Frank Act’s prohibition on unfair or deceptive acts or practices. [read post]
11 Jun 2015, 10:38 am
Increasing international cooperation: The Bureau increasingly cooperates with its enforcement and competition policy partners in other jurisdictions (e.g., OECD, International Consumer Protection and Enforcement Network (ICPEN), U.S. [read post]
10 Jun 2015, 3:54 pm
Secret Service, Federal Deposit Insurance Corporation (FDIC) and the Office of Inspector General for the Board of Governors of the Federal Reserve System—Consumer Financial Protection Bureau. [read post]
