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10 Jun 2015, 3:04 pm by WOLFGANG DEMINO
– The Consumer Financial Protection Bureau (CFPB) published a rule today that will allow the agency to supervise larger nonbank auto finance companies for the first time. [read post]
9 Jun 2015, 9:17 am by Larry Tolchinsky
The Consumer Financial Protection Bureau has been given the marching orders to be the federal watchdog over these new home loan requirements instead of HUD. [read post]
8 Jun 2015, 8:23 pm by lennyesq
T he ALTA Settlement Statement is not meant to replace the Consumer Financial Protection Bureau‘s Closing Disclosure, which goes into effect on Aug. 1, 2015. [read post]
7 Jun 2015, 9:36 pm by lennyesq
Loan estimate Blank model loan estimate fields annotated to show rule citations Blank model loan estimate form that illustrates the application of the rule’s content requirements (en Español) Blank model loan estimate that illustrates the application of the optional alternative tables for transactions without a seller (en Español) Sample of completed loan estimate for fixed rate loan Sample of completed loan estimate for interest only,… [read post]
7 Jun 2015, 9:13 pm by lennyesq
Lenders will get grace period (bankrate.com) Barr and Maloney lead 254 House Members asking CFPB for TRID regulation grace period during peak home buying season (newyork.realestaterama.com) CFPB “Consumer Financial Protection Bureau” (voiceofasiaonline.com) [read post]
The Consumer Financial Protection Bureau (CFPB) also brought an action against Corinthian in U.S. [read post]
The Consumer Financial Protection Bureau (CFPB) recently entered into a consent order against International Land Consultants, Inc. [read post]
4 Jun 2015, 12:41 pm
The Consumer Financial Protection Bureau looked closely at dozens of advertisements and met with older homeowners to learn about their impressions of reverse mortgage ads. [read post]
4 Jun 2015, 6:28 am by Phillip Chang and Joshua Davey
In a recent letter, 58 members of Congress asked the Consumer Financial Protection Bureau (CFPB) to exercise its rule-making authority and ban mandatory arbitration provisions in consumer financial agreements. [read post]
3 Jun 2015, 3:20 pm by Tom Smith
National Security Agency data collection has received considerable attention of late, and some have likened the Consumer Financial Protection Bureau’s data collection efforts – like collecting information on 991 million credit card accounts – to those of the NSA. [read post]
3 Jun 2015, 2:33 pm
The Consumer Financial Protection Bureau "CFPB" announced today they will delay "enforcement" of the new Truth In Lending-RESPA Integrated Disclosure "TRID" rule for an undefined period of time. [read post]
3 Jun 2015, 1:35 pm by Patrick Kane
In response to a letter from numerous Senators, and in response to “considerable input” from other members of Congress and various trade groups, the Consumer Financial Protection Bureau today announced that it will employ leniency in relation to implementation of the TILA-RESPA Integrated Disclosure Rule. [read post]
3 Jun 2015, 8:06 am by Allison Tussey
Provident Funding Associates is the subject of a consent order resolving allegations by the Justice Department and Consumer Financial Protection Bureau that it engaged in a pattern or practice of discrimination. [read post]
3 Jun 2015, 7:57 am by Barbara S. Mishkin
FTC Bureau of Consumer Protection Director Jessica Rich and NY AG Eric Schneiderman are slated to deliver opening remarks. [read post]
3 Jun 2015, 7:02 am by Robert Kraft
Jessica Rich, director of the FTC’s Bureau of Consumer Protection, said that just $1 million had been recovered from the charities so far, Reuters reports. [read post]
1 Jun 2015, 7:48 am by Nicholas Smyth
On May 19, 2015, the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) filed a complaint and proposed consent order against PayPal, Inc. and its subsidiary Bill Me Later, Inc. [read post]
29 May 2015, 2:39 pm by WOLFGANG DEMINO
”  "Scamming homeowners worried about losing their homes is not only illegal, it is despicable, and thanks to the great work of my consumer protection division and the Consumer Financial Protection Bureau, these defendants will pay for preying on Florida homeowners facing foreclosure,” said Florida Attorney General Pam Bondi. [read post]
28 May 2015, 6:56 am by assoulineberlowe
” The Agency’s work is divided among the Division of Consumer Finance, Division of Financial Institutions, and Bureau of Financial Investigations. [read post]
27 May 2015, 9:20 pm
Now it’s time for the Consumer Financial Protection Bureau to ban forced arbitration clauses for consumer financial products, too,” said NACA Legislative Director Ellen Taverna.Under the Dodd-Frank Act, the CFPB has the authority to ban forced arbitration agreements covering consumer financial products under its jurisdiction. [read post]