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The Consumer Financial Protection Bureau (CFPB), the primary federal regulator charged with enforcing consumer financial protection laws, recently announced a proposed rulemaking that would require the myriad non-banks subject to CFPB authority to disclose various consumer contract provisions that the CFPB deems potentially harmful on a public registry. [read post]
9 Jan 2022, 10:00 pm
On January 5, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a report detailing consumer complaint deficiencies by the national credit reporting agencies (NCRAs). [read post]
9 Jan 2022, 10:00 pm
On January 5, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a report detailing consumer complaint deficiencies by the national credit reporting agencies (NCRAs). [read post]
9 Jan 2022, 10:00 pm
On January 5, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a report detailing consumer complaint deficiencies by the national credit reporting agencies (NCRAs). [read post]
9 Jan 2022, 10:00 pm
On January 5, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a report detailing consumer complaint deficiencies by the national credit reporting agencies (NCRAs). [read post]
9 Jan 2022, 10:00 pm
On January 5, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a report detailing consumer complaint deficiencies by the national credit reporting agencies (NCRAs). [read post]
9 Jan 2022, 10:00 pm
On January 5, the Consumer Financial Protection Bureau (CFPB or Bureau) issued a report detailing consumer complaint deficiencies by the national credit reporting agencies (NCRAs). [read post]
29 May 2018, 4:38 pm
The CFPB database is invaluable to helping those consumers and to the competing businesses.Thank you for the opportunity to comment on the Consumer Financial Protection Bureau’s (CFPB or bureau) Request for Information regarding consumer complaints.Since it opened its doors, the CFPB has worked hard to make sure that banks, lenders, and other financial companies follow the law and are punished when they are caught cheating… [read post]
27 Mar 2019, 3:54 pm by Sabrina I. Pacifici
For example, the Consumer Financial Protection Bureau doesn’t routinely consider data security risk when prioritizing its company examinations. [read post]
8 Sep 2022, 8:37 am by Barbara S. Mishkin
Our discussion examines the FTC’s Advanced Notice of Proposed Rulemaking relating to what it describes as “commercial surveillance” and the CFPB’s circular confirming that covered persons and service providers may violate the Consumer Financial Protection Act’s prohibition against unfair acts or practices when they fail to adequately safeguard consumer information. [read post]
6 Mar 2016, 7:12 pm by David Navetta (US)
On March 2, 2016, the Consumer Financial Protection Bureau (“CFPB”) released a Consent Order entered between it and Dwolla, a company providing an online money transfer and payment processing platform to consumers. [read post]
21 Jul 2010, 3:49 pm
Elizabeth Warren, Harvard Law School Professor and the champion of the Consumer Financial Protection Bureau law, passed by Congress and signed into law by President Obama, may be on the short list to lead the new agency. [read post]
17 Mar 2010, 7:51 pm by Brian Wolfman
Chris Dodd on Monday would not create an independent Consumer Financial Protection Agency as does the financial reform bill passed earlier by the House of Representatives. [read post]
22 Jun 2010, 7:35 am by admin
House Financial Services Committee Chairman Barney Frank (D-Mass.) has proposed to include in financial regulatory reform legislation (H.R. 4173) language that would establish a Consumer Financial Protection Bureau at the Federal Reserve, rather than… Read this entire article for free, activate your free 15 day trial access to Banking Report now. [read post]
26 Oct 2020, 12:40 pm by Donald Maurice
The Consumer Financial Protection Bureau released its Advance Notice of Proposed Rulemaking (ANPR) on Oct. 22, seeking comment on 46 questions in nine categories surrounding consumer access to financial information under section 1033 of the 2010 Dodd-Frank Act (15 U.S.C. [read post]
3 Feb 2017, 5:07 am by Alexandra Farone
[JURIST] The US Court of Appeals for the District of Columbia Circuit [official website] rejected [order, PDF] on Thursday requests to intervene and defend the Consumer Financial Protection Bureau [official website]. [read post]
23 Jun 2011, 3:30 pm by Securites Lawprof
The Consumer Financial Protection Bureau (CFPB) announced the release of a Notice and Request for Comment seeking public input on a key element of the agency’s nonbank supervision program: the statutory requirement to define who is a “larger participant” in... [read post]
On May 20, 2004, the Federal Trade Commission (“FTC”) sent its annual report to the Consumer Financial Protection Bureau (“CFPB”) highlighting its enforcement actions and initiatives in 2023 under the Truth in Lending Act (“TILA”), Consumer Leasing Act (“CLA”), and Electronic Fund Transfer Act (“EFTA”). [read post]
31 Jul 2012, 7:48 am by Zoe Tillman
The Consumer Financial Protection Bureau has filed its first ever civil enforcement action in federal court, charging a Los Angeles law firm of duping distressed homeowners into paying high upfront fees with false promises of a loan modification. [read post]