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13 Aug 2020, 9:05 pm by Max Masuda-Farkas
In a recent National Bureau of Economic Research wor [read post]
18 Jul 2011, 7:38 pm by Kevin Funnell
I remain hopeful that those who want to cripple this consumer bureau will think again and remember that the financial crisis -- and the recession and job losses that it sparked -- began one lousy mortgage at a time. [read post]
14 Feb 2018, 9:30 pm by David Zaring
Congress last used the tool to reverse a rule adopted by the Consumer Financial Protection Bureau (CFPB) that would have allowed consumer class actions against banks. [read post]
1 Dec 2016, 10:26 am by Barbara S. Mishkin
”  It also repeats its previous statement that the CFPB is “also considering whether rules to require registration of these or other non-depository lenders would facilitate supervision, as has been suggested to the Bureau by both consumer advocates and industry groups. [read post]
27 Dec 2017, 9:30 pm by Series of Essays
Repealing the CFPB’s Arbitration Rule November 6, 2017   The Consumer Financial Protection Bureau’s (CFPB) arbitration rule, which the agency issued in July 2017, aimed to bar financial companies from inserting provisions into their contracts with consumers requiring those consumers to use arbitration—instead of participating in class action lawsuits—to resolve complaints. [read post]
18 Jul 2024, 9:05 pm by Anagha Vasudevarao
” The Consumer Financial Protection Bureau (CFPB) proposed a new rule to regulate lenders of paycheck-advance products—popular loans that workers take out to receive their paychecks before the typical schedule. [read post]
6 May 2021, 9:03 pm by Jocelyn Walcott
Cordray previously led the Consumer Financial Protection Bureau (CFPB) from 2012 to 2017. [read post]
3 Apr 2022, 9:05 pm by Zachary Best
But as the Consumer Financial Protection Bureau (CFPB) recently observed, “there is limited evidence to suggest that criminal history decreases creditworthiness. [read post]
14 Sep 2017, 9:30 pm by Sarah Madigan
” In an article for Morning Consult, financial regulation reporter Ryan Rainey discussed the public’s opinions on the Consumer Financial Protection Bureau (CFPB) according to results from a poll conducted by Morning Consult and Politico. [read post]
6 Oct 2016, 9:30 pm by Justin Daniel
IN THE NEWS The Consumer Financial Protection Bureau (CFPB) issued a final rule for prepaid cards that aims to provide users of prepaid cards with the same protections as users of traditional debit cards by requiring that companies, who have three months to comply with the rule, provide both short form and long form disclosures—which are intended to assist customers in understanding the terms of an account prior to opening one—as well as… [read post]
7 Mar 2024, 9:05 pm by Sri Medicherla
The Consumer Financial Protection Bureau (CFPB) issued a final rule designed to reduce credit card late fees. [read post]
2 Jun 2016, 9:30 pm by Justin Daniel
IN THE NEWS The Consumer Financial Protection Bureau (CFPB) proposed a rule that would require the payday loan industry—providers of short-term loans with very high interest rates—to confirm that their customers can afford to repay loans before lending, a move that the CFPB says is necessary to protect consumers from falling into “debt traps,” but that is opposed by the payday loan industry, who fear that the rule… [read post]
13 Aug 2020, 4:28 pm by Kenneth Propp, Peter Swire
In that prior ruling, the Court emphasized the importance of effective redress to protect surveilled persons, with an independent decision-maker providing protection f [read post]
16 May 2024, 9:05 pm by Anagha Vasudevarao
Supreme Court ruled that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism does not violate the U.S. [read post]
17 Feb 2012, 10:57 am by Jon L. Gelman
Gelman Federal oversight of collection, credit agencies could benefit civil plaintiffs By Jon Rehm Consumer Financial Protection Bureau (CFPB) director Richard Cordray announced today that collection agencies could be subject to federal oversight by the newly-created bureau. [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]
20 Dec 2021, 9:05 pm by Michael Herz
The agency could also have taken a page from the Consumer Financial Protection Bureau’s “Know Before You Owe” rulemaking. [read post]