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25 Jan 2013, 6:15 am by Mitchell Boyarsky
New Form is a Result of New Agency Overseeing Compliance with the FCRA The revised form, “A Summary of Your Rights Under the Fair Credit Reporting Act” (required by the FCRA to obtain authorization for and notice of consumer reports being conducted), has been updated and reflects the transfer of enforcement powers under the FCRA from the Federal Trade Commission (“FTC”) to the Consumer Financial Protection Bureau… [read post]
24 Jan 2013, 9:30 pm by RegBlog
The Federal Trade Commission (FTC) released a report suggesting that pharmaceutical firms producing brand name drugs may have engaged in anticompetitive patent dispute settlements, leading to higher drug prices for consumers last year.The Government Accountability Office (GAO) released a study revealing that agencies often fail to provide notice of proposed rules, rendering those rules unavailable for public comment.The Beijing Municipal Environmental Protection Bureau… [read post]
24 Jan 2013, 9:05 am by Michael Epshteyn
The Federal Financial Institutions Examination Council (FFIEC) has released proposed guidance on the use of social media by financial institutions, including banks, credit unions, and non-bank entities supervised by the Consumer Financial Protection Bureau. [read post]
24 Jan 2013, 8:07 am by constitutional lawblogger
President Obama will re-nominate former Ohio AG Richard Cordray to head the Consumer Financial Protection Bureau, according to WaPo. [read post]
24 Jan 2013, 6:04 am by Craig Hoffman
  The purpose of the guidance is to help banks, savings associations, credit unions, and non-bank entities supervised by the Consumer Financial Protection Bureau (CFPB) understand and address the risks created by the applicability of federal consumer protection and compliance laws to activities conducted through social media. [read post]
23 Jan 2013, 8:43 am by Nathalie Martin
I had a weird night’s sleep and then openned up my e-mail to find this headline from credit and collection news “Does The Consumer Bureau Harm Those It Claims to Protect? [read post]
23 Jan 2013, 6:00 am by Nicole Kellner-Swick
  [4] Regulation Z previously regulated the rules of MFOEL, however, this authority is now vested in the Consumer Financial Protection Bureau (CFPB). [read post]
22 Jan 2013, 1:43 pm by Larry Tolchinsky
The Consumer Financial Protection Bureau (CFPB) has been around for awhile: it was created in 2010 as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. [read post]
22 Jan 2013, 12:15 pm by Rachel Marin
His article, “The Identity Crisis at the Consumer Financial Protection Bureau,” criticizes the way the Supervision and Enforcement offices interact with each other. [read post]
18 Jan 2013, 11:28 am by Securites Lawprof
The Consumer Financial Protection Bureau is considering whether it has the authority to protect retirement savings, reports Bloomberg. [read post]
18 Jan 2013, 5:40 am by Cynthia Marcotte Stamer
The whistleblower provisions of the 22 statutes enforced by OSHA protect employees who report violations of various commercial motor vehicle, airline, nuclear, pipeline, environmental, railroad, public transportation, maritime, consumer product, health care reform, securities, food safety, and consumer financial reform laws and regulations.OSHA charged that BNSF Policies of assigning points to workers reporting safety violations or injuries and other practices… [read post]
17 Jan 2013, 11:01 am
Reuters last week reported that "in one of its most sweeping moves to date, the Consumer Financial Protection Bureau, struck a balance with the new rules that drew guarded praise from both consumer groups and lenders. [read post]
17 Jan 2013, 10:42 am by Jason Ostendorf
The much-touted Consumer Financial Protection Bureau announced new rules for mortgage companies to help homeowners facing foreclosure. [read post]
16 Jan 2013, 4:47 am by Jon Gelman
The whistleblower provisions of the 22 statutes enforced by OSHA protect employees who report violations of various commercial motor vehicle, airline, nuclear, pipeline, environmental, railroad, public transportation, maritime, consumer product, health care reform, securities, food safety, and consumer financial reform laws and regulations. [read post]
12 Jan 2013, 11:47 am by James Hamilton
The securities industry is pleased that the Consumer Financial Protection Bureau regulations implementing Dodd-Frank Act requirements that mortgage lenders consider consumers’ ability to repay home loans before extending them credit contains a true legal safe harbor for mortgages that fall within the scope of the qualified mortgage definition. [read post]
12 Jan 2013, 11:45 am by James Hamilton
The Consumer Financial Protection Bureau adopted regulations implementing Dodd-Frank Act requirements that mortgage lenders consider consumers’ ability to repay home loans before extending them credit. [read post]
11 Jan 2013, 7:01 am by Steven D. Burt
Calvin Hagins, of the CFPB’s Office of Supervision, and Kristen Donoghue, Assistant Litigation Deputy in the Bureau’s Office of Enforcement, addressed privilege issues at the ABA Consumer Financial Services Committee meeting in Naples, Florida. [read post]
11 Jan 2013, 6:51 am by Molly Foley-Healy
The Consumer Financial Protection Bureau has just released new mortgage guidelines which are intended to ensure that purchasers of homes have the ability to pay the costs associated with their homes which includes the ability to pay their HOA assessments. [read post]