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The updates reflect the transfer of much of the responsibility for interpreting the FCRA from the FTC to the newly created Consumer Financial Protection Bureau (CFPB). [read post]
13 Feb 2014, 3:50 pm by Sabrina I. Pacifici
” See also - CFPB Calls on Financial Institutions to Publicly Disclose Campus Financial Agreements, Bureau Finds a Continued Decline in College Credit Card Agreements [December 17, 2013] ..the Consumer Financial Protection Bureau (CFPB) called on financial institutions to publicly disclose agreements with colleges and universities to market debit, prepaid, and other products to students. [read post]
20 May 2010, 1:14 pm by Deepak Gupta
  (Maria Cantwell and Russ Feingold voted no, based on their objection to the lack of strong language on derivatives.)The Senate is now debating two important amendments: Sam Brownback's amendment to create an exemption from the Consumer Financial Protection Bureau's jurisdiction for car dealers that originate or broker loans to consumers. [read post]
9 Feb 2017, 8:51 am by Elizabeth A. Khalil
Uncertainty remains on matters such as the fate of the Dodd-Frank Act of 2010 and the many programs and regulations created under that law, including the Financial Stability Oversight Counsel (FSOC), the Consumer Financial Protection Bureau (CFPB), and the regulations for which the CFPB is responsible. [read post]
5 Dec 2022, 1:40 pm by Michael Gordon and Alan S. Kaplinsky
The CFPB’s complaint alleged that Loan Doctor and Radjabli had engaged in deceptive acts or practices in violation of the Consumer Financial Protection Act by making the following misrepresentations: Loan Doctor would use consumers’ deposits to originate loans to healthcare professionals and had lined up investors in advance to purchase the loans that Loan Doctor originated. [read post]
6 Jan 2012, 2:00 am by Stephanie Figueroa
As a result of these violations, Credit Suisse entered millions of short sale orders without reasonable grounds to believe that the securities could be borrowed and delivered and mismarked thousands of sales orders. 3) The Washington Post: Obama Appoints Richard Cordray to Head Consumer Watchdog Bureau – This article explains the controversy surrounding the installment of Richard Cordray as the head of the Consumer Financial Protection… [read post]
9 Jun 2011, 12:06 pm by Mandelman
I’m calling to urge President Obama to appoint Elizabeth Warren to lead the Consumer Financial Protection Bureau, even if it means using his constitutional authority to make a recess appointment. [read post]
19 Jul 2018, 2:47 pm by Barbara S. Mishkin
” The Bureau must recognize its duty “to protect sensitive information in its possession. [read post]
11 Oct 2017, 10:49 am
The Consumer Financial Protection Bureau, the Federal Trade Commission, the Federal Reserve Board, and state attorneys general all have authority in this area. [read post]
3 Oct 2014, 9:55 am by Martin A. Schwartz
  ILSA required developers in most cases to originally file with HUD, and now with the Consumer Financial Protection Bureau, and deliver to prospective purchasers a Property Report. [read post]
24 Oct 2016, 12:30 pm by Jon Brodkin
A study by the Consumer Financial Protection Bureau (CFPB) found that 99.9 percent of wireless subscribers were subject to mandatory arbitration clauses. [read post]
11 Jul 2011, 6:31 am by Matthew Huisman
An Instant Power Play: Jenna Greene reports on the newly created Consumer Financial Protection Bureau which will open for business at the end of the month. [read post]
14 Feb 2013, 9:30 pm by RegBlog
’s $1.4 billion criminal settlement for the company’s violation of the Clean Water Act in the 2010 Gulf of Mexico oil spill.The Office of Management and Budget (OMB) considered a controversial rule on country-of-origin labeling for meat products.The Consumer Financial Protection Bureau (CFPB) issued a final rule that requires certified appraisals for some high cost mortgages. [read post]
22 Aug 2016, 11:18 am by Barbara S. Mishkin
”  In their letter, the Senators referenced Dodd Frank Section 1022(b)(3)(A) which allows the CFPB to create exemptions from its rules for any class of covered persons, service providers, or consumer financial products or services as the CFPB “determines necessary or appropriate to carry out the purposes and objectives” of the Consumer Financial Protection Act after taking into consideration certain specified factors. [read post]
20 Dec 2011, 9:08 pm
Even if you are not a "mandated reporter," you can still report suspected incidents of elder abuse to each of the following agencies: • The Licensing and Certification Division of the Department of Public Health (DPH) • Local Law Enforcement, including the Police, Sheriff, and District Attorney's office • Office of the State Attorney General, Bureau of Medi-Cal Fraud and Elder Abuse • Long-Term Care Ombudsman Program • Adult Protective… [read post]
7 Nov 2011, 9:08 pm
Even if you are not a "mandated reporter," you can still report suspected incidents of elder abuse to each of the following agencies: • The Licensing and Certification Division of the Department of Public Health (DPH) • Local Law Enforcement, including the Police, Sheriff, and District Attorney's office • Office of the State Attorney General, Bureau of Medi-Cal Fraud and Elder Abuse • Long-Term Care Ombudsman Program • Adult Protective… [read post]
7 Dec 2017, 7:31 am by Wolfgang Demino
Instead, the filing merely refers to Local Rule 7.1.2, which governs motion practice.The "Notice of Additional Authority" explains the import of the Chancery Court order as follows:The Order is relevant to the issues currently before this Court because Proposed Intervenor Wilmington Trust Company informed the Court that on July 5, 2017, it refused to execute a consent order proposed by the Consumer Financial Protection Bureau in part because of… [read post]
10 May 2012, 6:44 am by Steven Berk
  But PEW also looks to the Consumer Financial Protection Bureau to establish rules limiting fees and regulating disclosures to consumers, and I second that thought. [read post]
13 Feb 2009, 7:46 pm
Bureaus also have to deal with consumers who pull stunts like concocting official-looking statements on phony letterhead; one bureau says it recently got a letter from "Banke [ed. [read post]
17 Jan 2020, 7:00 am by Andrew Hamm
Regions Bank 19-815Issue: Whether the regulations issued by the Board of Governors of the Federal Reserve System, and then by the Consumer Financial Protection Bureau, permissibly construe the “applicants” protected from discrimination by Equal Credit Opportunity Act to encompass guarantors. [read post]