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6 Sep 2013, 7:25 am by Barbara S. Mishkin
MishkinOn September 12, the House Financial Services Committee will hold a hearing entitled “The Semi-Annual Report of the Consumer Financial Protection Bureau. [read post]
5 Sep 2013, 10:57 am by Don Maurice
Changes to the systems by which banks and other entities (also known as “furnishers”)  supply credit reporting agencies with consumer credit information prompted a Bulletin yesterday from the Consumer Financial Protection Bureau emphasizing the greater role it sees documents playing in the consumer credit dispute process. [read post]
5 Sep 2013, 10:34 am by Cynthia Marcotte Stamer
Impending 10/1 Exchange Notice & Other New Notice Deadlines Cut Time Short For Employers To Finalize 2014 Health Plan Terms & Contracts Health Plan Pays $1.2M+ HIPAA Settlement For Not Protecting PHI On Copiers Report Questions Security As HHS Invites Consumers To Set Up Personal Accounts To Prepare For Ex [read post]
5 Sep 2013, 8:56 am by LEG
” The program will discussed recent fair lending developments on the federal enforcement front and in private class action litigation, focusing on what may happen as the Consumer Financial Protection Bureau attempts to enforce fair lending laws for the first time in the auto finance segment of the industry. [read post]
4 Sep 2013, 9:30 pm by RegBlog
 Securities and Exchange Commission (SEC) announced settlement with Thailand-based trader accused of insider trading violations in connection with the acquisition of Smithfield's Foods.The Consumer Financial Protection Bureau (CFPB) released a bulletin notifying companies supplying information for credit reports duty to investigate consumer disputes. [read post]
4 Sep 2013, 10:58 am
Today, the Consumer Financial Protection Bureau warned furnishers of credit and credit bureaus that they must improve their methods of investigating consumer disputes. [read post]
4 Sep 2013, 9:04 am by Joe Patrice
Continue reading »Follow Above the Law on Twitter or become a fan on Facebook.Tags: Banking Law, CFPB, Consumer Financial Protection Bureau, Debt, Debts, Depressing stuff, Depressing Things, Housing Crisis, Law School Debts, Loan Debt, Money, Personal Finance, personal finances, Sam Khater, Student Debt, Student Debts, Student Loans     [read post]
1 Sep 2013, 2:47 pm by Taras Rudnitsky
  Spearheaded by the new Consumer Financial Protection Bureau (CFPB), the government has been cracking down on debt collectors who have violated the FDCPA. [read post]
31 Aug 2013, 10:33 pm by Cynthia Marcotte Stamer
Her insights on these and other matters appear in the Bureau of National Affairs, Spencer Publications, the Wall Street Journal, the Dallas Business Journal, the Houston Business Journal, Modern and many other national and local publications. [read post]
30 Aug 2013, 10:33 am by Todd Zywicki
The growth has attracted the attention of the Consumer Financial Protection Bureau, a recently formed regulator that has been scrutinizing pawnshops, along with other nonbank lenders like payday loan operators. [read post]
30 Aug 2013, 9:00 am
“Skip” Humphrey III of the Office for the Financial Protection of Older Americans (a part of the new Consumer Protection Bureau). [read post]
28 Aug 2013, 5:59 pm by Taras Rudnitsky
Just last week, the Consumer Financial Protection Bureau (CFPB) of the federal government filed a lawsuit against Morgan Drexen, a debt settlement company, and its owner, Walter Ledda. [read post]
27 Aug 2013, 9:30 pm by Sam Batkins
  Last year the Consumer Financial Protection Bureau (CFPB) proposed to merge several existing collections to eliminate 8.4 million hours of paperwork, or 21 percent of the Bureau’s total. [read post]
26 Aug 2013, 1:20 pm by Barbara S. Mishkin
Ryan also previously served as Senior Counsel in the Fed’s Division of Consumer and Community Affairs where she worked on the drafting of several major consumer protection rules. [read post]
23 Aug 2013, 12:25 am by Christina Reichert
Office of the Comptroller of the Currency (OCC) issued a final rule amending lending limits to implement the Dodd Frank Act.The Board of Governors of the Federal Reserve System (Fed) issued a rule to set assessment fees for the regulation of big financial institutions.The Third Circuit Court of Appeals ruled that compliance with the Clean Air Act would not prevent a nuisance suit.The Fed, OCC, and the Federal Deposit Insurance Corporation (FDIC) proposed stronger leverage ratio standards… [read post]
21 Aug 2013, 2:07 pm by Alan S. Kaplinsky
”   The CFPB’s complaint alleges that Morgan Drexen charged advance fees for debt relief services in violation of the Telemarketing Sales Rule (TSR) and engaged in deceptive acts and practices in violation of the Consumer Financial Protection Act (CFPA). [read post]
21 Aug 2013, 3:39 am by David Lynn
The participants included the Treasury secretary, Comptroller of the Currency, the Director of the Consumer Financial Protection Bureau,, the Acting Director of the Federal Housing Finance Agency, and the chairs of the Board of Governors of the Federal Reserve System, the CFTC, the FDIC, the NCUA, and the SEC. [read post]
13 Aug 2013, 12:31 pm by Alan S. Kaplinsky
Notably, the American Bankers Association, the Consumer Bankers Association and The Financial Services Roundtable submitted comments that urged the CFPB “not to proceed with the proposed survey” because it “is flawed in concept and execution. [read post]
9 Aug 2013, 5:32 pm by Don Maurice
If your organization might have violated a consumer financial protection law, should it disclose that potential violation to the Consumer Financial Protection  Bureau (CFPB)? [read post]