Search for: "Consumer Financial Protection Bureau "
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25 May 2012, 2:11 am
By Shari Storm Last month, the Consumer Financial Protection Bureau (CFPB for short), announced that they would begin new inquiries into overdraft practices. [read post]
24 May 2012, 9:00 pm
Morgan Chase reportedly hired former Securities and Exchange Commission (SEC) enforcement chief William McLucas to respond to the bank’s multi-billion dollar trading loss predicament.Germany dismissed a French-led call for euro-zone governments to issue common bonds, a day before a European Union summit at which investors met to brainstorm solutions to the debt crisis.The Consumer Financial Protection Bureau (CFPB) took the first steps in creating a… [read post]
24 May 2012, 9:51 am
The Consumer Financial Protection Bureau today released a draft rule outlining how it plans to supervise debt collectors, consumer reporting agencies, money services companies and other small nonbanks that engage in “activities that pose risks to consumers. [read post]
24 May 2012, 4:38 am
As we said yesterday, the Consumer Financial Protection Bureau is deciding how to regulate the growing prepaid card industry. [read post]
23 May 2012, 5:02 am
According to this story by Ylan Mui, the Consumer Financial Protection Bureau may issue rules to improve "transparency and safety" in the prepaid card industry. [read post]
23 May 2012, 2:01 am
Earlier this year the Consumer Financial Protection Bureau (CFPB) issued its final rule on electronic remittances. [read post]
22 May 2012, 9:01 pm
The Consumer Financial Protection Bureau will impose new restrictions on prepaid debit cards, highly profitable products for banks that until now have been mostly unregulated. [read post]
22 May 2012, 7:33 am
Total U.S. student-loan debt outstanding topped $1 trillion last year, according to the federal Consumer Financial Protection Bureau and it continues to rise as current students borrow more and past students fall behind on payments. [read post]
22 May 2012, 7:25 am
As readers may know, Section 1028(a) of the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act of 2010 (the “Dodd-Frank Act”) requires the Consumer Financial Protection Bureau (“CFPB”) to “conduct a study of, and * * * provide a report to Congress concerning, the use of agreements providing for arbitration of any future dispute between covered persons and consumers in connection… [read post]
21 May 2012, 8:30 am
A credit score is a rating that is used by the three major credit bureaus in the U.S. [read post]
21 May 2012, 2:00 am
Most notable is the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) and its establishment of the Consumer Financial Protection Bureau, (CFPB), which transferred rulemaking authority for several consumer financial protection laws from various federal agencies, including the National Credit Union Administration (NCUA), to the CFPB on July 21, 2011. [read post]
18 May 2012, 7:48 am
The Samaniego ruling comes on the heels of the Consumer Financial Protection Bureau’s announcement that it has undertaken a critical examination of the impact of mandatory arbitration agreements on consumers. [read post]
17 May 2012, 1:00 pm
And on June 6, the Federal Reserve, Federal Deposit Insurance Corp., Consumer Financial Protection Bureau, and Office of the Comptroller of the Currency, as well as the Treasury Department, are expected to come prepared to update the committee on the recently reported trading loss by JPMorgan. [read post]
17 May 2012, 11:56 am
And the federal Consumer Financial Protection Bureau estimates student loan debt has passed $1 trillion, an amount greater than all outstanding credit card debt. [read post]
17 May 2012, 11:26 am
"The FTC's message, for Skechers and other national advertisers, is to shape up your substantiation or tone down your claims," said David Vladeck, director of the agency's consumer protection bureau. [read post]
16 May 2012, 5:47 pm
The Banking Committees Get in On the Act… Other politicians were fast to get in on the consumer protection act as well. [read post]
16 May 2012, 5:47 pm
The Banking Committees Get in On the Act… Other politicians were fast to get in on the consumer protection act as well. [read post]
16 May 2012, 7:36 am
The federal Consumer Financial Protection Bureau announced that it would consider new regulations for the simplification of mortgage information on all new mortgages. [read post]
16 May 2012, 7:00 am
Just a few months after its first Director took office in January of 2012, the Consumer Financial Protection Bureau is embarking on a study of arbitration. [read post]
16 May 2012, 5:00 am
The Consumer Financial Protection Bureau went from being an independent watchdog to an office under the budgetary constraints of the Federal Reserve System. 2. [read post]
