Search for: "Consumer Financial Protection Bureau "
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12 Mar 2015, 5:26 am
Peterson Websites In addition to the resources listed above, researchers can find a substantial amount of information and guidance on the free web, including the wealth of information included in these websites: Federal Trade Commission’s Bureau of Consumer Protection Homepage: http://www.ftc.gov/about-ftc/bureaus-offices/bureau-consumer-protection Consumer.gov: http://www.consumer.gov/ Consumer Information Blog:… [read post]
11 Mar 2015, 4:59 pm
“Today the Consumer Financial Protection Bureau (CFPB) released its latest supervision report highlighting legal violations uncovered by the Bureau’s examiners. [read post]
11 Mar 2015, 6:20 am
Duffy are: The Bureau of Consumer Financial Protection Accountability Act of 2015 (H.R. 1261) which would make the CFPB subject to the congressional appropriations process The Consumer Right to Financial Privacy Act of 2015 (H.R. 1262) which would require the CFPB to notify and obtain permission from a consumer before collecting nonpublic personal information about such consumer. [read post]
9 Mar 2015, 1:55 pm
Section 1028 of the Dodd-Frank Wall Street Reform and Consumer Protection Act authorizes the Consumer Financial Protection Bureau (CFPB) to limit or even prohibit the use of arbitration provisions that govern future disputes between a consumer and a financial services/products provider. [read post]
9 Mar 2015, 10:43 am
The Consumer Financial Protection Bureau found that 85% of disputes were referred to the creditors meaning the bureaus did not conduct meaningful investigations as required by the FCRA. [read post]
9 Mar 2015, 9:42 am
“Along with our law enforcement partners, we are committed to ensuring that individuals who fraudulently undermine key government programs intended to support consumers of financial services are held accountable to the fullest extent of the law,” said Mark Bialek, Inspector General of the Board of Governors of the Federal Reserve System and Consumer Financial Protection Bureau. [read post]
9 Mar 2015, 8:52 am
Section 1028 of Dodd-Frank requires the CFPB to conduct the study and allows it to regulate, limit, or even prohibit the use of arbitration in the offering of consumer financial products or services if doing so is found to be “in the public interest and for the protection of consumers. [read post]
6 Mar 2015, 1:31 pm
The Consumer Financial Protection Bureau (CFPB) can revoke corporations’ license to steal by stopping the abusive practice of forced arbitration.Join us in telling the CFPB to put Americans’ financial security above Wall Street profits and stop forced arbitration. [read post]
5 Mar 2015, 8:56 am
Pursuant to a consent order entered into with the Consumer Financial Protection Bureau (CFPB), Continental Finance Company must refund $2.7 million to approximately 98,000 customers and pay a $250,000 penalty to the Bureau. [read post]
3 Mar 2015, 4:12 pm
What this suggests to us is that the Bureau of Consumer Financial Protection (CFPB) and other financial regulators at the federal and state levels need to be supported in their ongoing efforts to ensure greater transparency and accountability in mortgage servicing. [read post]
2 Mar 2015, 7:30 am
Mishkin The House Financial Services Committee will hold a hearing tomorrow, March 3, entitled “The Semi-Annual Report of the Bureau of Consumer Financial Protection” at which Director Cordray is expected to testify. [read post]
23 Feb 2015, 8:38 am
” He also stated that a “fixed-schedule approach would fail consumers by focusing precious resources on potentially less severe problems, when larger, more pressing consumer protection issues awaited their turn. [read post]
19 Feb 2015, 4:00 am
The National Automobile Dealers Association, American International Automobile Dealers Association, and National Association of Minority Automobile Dealers issued a press release stating that they “applauded the efforts of five financial services organizations to fix the serious flaws in the Consumer Financial Protection Bureau’s approach to regulating auto financing. [read post]
18 Feb 2015, 6:57 am
Last week, the Consumer Financial Protection Bureau (CFPB) announced that mortgage lender NewDay Financial LLC, which specializes in Veterans Administration-backed loans available to military personnel and veterans, had agreed to pay a $2 million fine to resolve allegations of deceptive marketing tactics and participation in a kickback scheme. [read post]
13 Feb 2015, 8:30 am
Reference: Star Tribune (January 29, 2015) “Dayton wants new financial protection law for elderly, vulnerable to protect from scams” [read post]
13 Feb 2015, 4:40 am
Medine was an Attorney Fellow for the Security and Exchange Commission and a Special Counsel at the Consumer Financial Protection Bureau. [read post]
12 Feb 2015, 9:30 pm
The Consumer Financial Protection Bureau (CFPB) proposed a rule designed to encourage mortgage lenders to operate in underserved markets. [read post]
12 Feb 2015, 12:36 pm
The Consumer Financial Protection Bureau “CFPB” announced another Consent Order with NewDay Financial, LLC on February 10, 2015 where they agreed to settle allegations that NewDay engaged in deceptive acts or practices by failing to disclose payments to a veteran’s organization that endorsed NewDay for reasons other than for NewDay’s consumer service. [read post]
9 Feb 2015, 4:15 pm
“Today the Consumer Financial Protection Bureau (CFPB) released a report highlighting the top complaints for reverse mortgages. [read post]
9 Feb 2015, 5:52 am
On January 29, five federal regulatory agencies (Consumer Financial Protection Bureau, Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and National Credit Union Administration) issued new guidance regarding private student loans with graduated repayment plans that allow borrowers to make lower monthly payments early in the loan term with increases to coincide with projected income… [read post]
