Search for: "Consumer Financial Protection Bureau "
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10 May 2012, 4:26 am
As the LA Times explains: The Consumer Financial Protection Bureau is considering new rules on mortgage fees, including banning origination charges based on the size of the loan. [read post]
7 Nov 2012, 6:43 am
Senator Warren was instrumental in establishing the Consumer Financial Protection Bureau (“CFPB”), which is working to ensure that consumers are treated fairly and that they understand their legal rights in the financial products and services industry. [read post]
9 Dec 2019, 4:37 am
In its brief, the CFPB argues that the Court of Special Appeals correctly ruled that the settlement agreement should not be approved because it threatens to interfere with the CFPB’s authority under the Consumer Financial Protection Act (CFPA). [read post]
11 Dec 2023, 9:05 pm
And the Consumer Financial Protection Bureau, a regulator of financial institutions, proposed a rule that would require credit card companies to lower late fees. [read post]
21 Jun 2013, 6:00 am
The Chamber questions in its letter whether the Bureau has sufficient protections in place to prevent the information it receives from being linked to a consumer’s personal identity. [read post]
11 Feb 2011, 7:52 am
Calcagni, Acting Director of the Division of Consumer Affairs. andldquo;Weandrsquo;re ready to act, as weandrsquo;ve done in this matter, to protect investors when our laws are not followed.andrdquo; andldquo;The Bureau of Securities continues to seek relief for investors who were sold these unsuitable and illiquid products,andrdquo; said Marc B. [read post]
18 Jul 2010, 3:11 am
Warren should unquestionably be asked to head up this new Consumer Financial Protection Bureau, bribed, begged and/or pleaded with, if need be. [read post]
19 May 2024, 7:30 am
” NY Times “The Supreme Court rejected a challenge on Thursday to the way the Consumer Financial Protection Bureau is funded, one that could have hobbled the bureau and advanced a central goal of the conservative legal movement: limiting the power of independent agencies. [read post]
31 Jan 2022, 8:38 am
Levine, director of the Bureau of Consumer Protection at the FTC. [read post]
8 Aug 2023, 10:57 am
Unwanted and illegal text messages—estimated at 225 billion in 2022—are increasingly prevalent and uniquely harmful to consumers by including legitimate-looking links designed to fool the recipient into providing personal and financial information. [read post]
15 Jul 2010, 2:11 pm
Community bankers were successful in obtaining exemption from supervision by the newly-created Consumer Financial Protection Bureau, and they also succeeded in being penalized less than larger banks when it comes to deposit insurance premiums. [read post]
16 Aug 2015, 3:53 pm
The six agencies that released their standards are the Federal Reserve Board, the Consumer Financial Protection Bureau (CFPB), the Federal Deposit Insurance Corporation (FDIC), the National Credit Union Administration (NCUA), the Office of Comptroller of the Currency (OCC), and the Securities and Exchange Commission (SEC). [read post]
5 Oct 2017, 9:30 pm
IN THE NEWS The Consumer Financial Protection Bureau issued a rule designed to protect consumers of short-term loans, such as payday and vehicle title loans. [read post]
5 Feb 2013, 8:06 am
Thus, the Consumer Financial Protection Bureau's (CFPB) recently issued Ability-to-Repay rule is a welcome first step towards protecting the civil rights of all Americans, so that every individual can achieve the American dream of homeownership on a fair and level playing field. [read post]
8 Oct 2010, 10:16 am
She closed by describing her vision for the new Consumer Financial Protection Bureau: It has been a long time since Congress established an agency from scratch. [read post]
5 Jan 2024, 6:00 am
The CFPB’s Chopra Cites a Need for Competition to Cap Card Acceptance CostsDigital Transactions News – December 22, 2023 Having taken aim at credit card late fees and interest rates, and having targeted non-bank digital wallet providers, Consumer Financial Protection Bureau Director Rohit Chopra has now indicated his regulatory agency is turning its attention to credit card acceptance costs. [read post]
17 Feb 2014, 9:33 am
The Federal Trade Commission and the Consumer Financial Protection Bureau have similarly stepped up their scrutiny of the industry, and the DATA Act empowers the FTC to enforce the law and impose civil penalties on violators. [read post]
4 Jan 2024, 9:05 pm
Where complex modeling may create or mask biases or inaccurate results and therefore consumer compliance risks, financial institutions and regulators must monitor the quality of AI model outputs. ─ FSOC concluded that existing requirements and guidance may already apply to AI and recommended that financial institutions, market participants and regulatory and supervisory authorities should continue to monitor developments in AI and build expertise in the technology.… [read post]
15 Apr 2024, 10:00 pm
Federal banking agencies have broad supervisory and enforcement authority over fintech companies, and agencies, such as the Consumer Finance Protection Bureau, are increasingly exercising such supervision and enforcement authority. [read post]
27 Apr 2017, 8:22 am
” The chairman explained that the CHOICE Act would restore market discipline as a substitute for regulations while also changing the structure of the Consumer Financial Protection Bureau, which Hensarling called a “rogue agency. [read post]
