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The Carrington decision was handed down just weeks prior to the Consumer Financial Protection Bureau’s issuance of a “Request for Information Regarding Fees Imposed by Providers of Consumer Financial Products or Services. [read post]
9 Feb 2022, 9:03 pm by Andrew Kliewer
The Consumer Financial Protection Bureau, for example, could issue no-action letters to lenders appearing to use consumer data in a discriminatory manner. [read post]
8 Feb 2022, 11:29 am by Geoffrey Manne
Recent theoretical evidence by Amable et al. (2010) suggests that a systematic use of patents as collateral would allow a high growth rate of innovations despite financial constraints. [read post]
7 Feb 2022, 12:36 pm by support
In late 2020, the Consumer Financial Protection Bureau (“CFPB”) took steps to address... [read post]
7 Feb 2022, 11:41 am by Wendy Howarter
The Fair Debt Collection Practices Act (FDCPA) protects consumers when dishonest people repossess autos they have no legal right to take. [read post]
Some lawmakers have specifically urged the Consumer Financial Protection Bureau (CFPB) to “take action” against BNPL providers that operate without oversight. [read post]
3 Feb 2022, 11:56 am by Wendy Howarter
The Consumer Financial Protection Bureau (CFPB) is a government agency that helps ensure banks, financial companies, and creditors treat consumers fairly. [read post]
3 Feb 2022, 10:24 am by Donald Maurice
The Consumer Financial Protection Bureau increased the maximum civil penalty it can impose within its jurisdiction after Jan. 15, 2022. [read post]
2 Feb 2022, 12:59 pm by Jay Stanley
ID.me collects a rich stew of highly sensitive personal information about millions of Americans, including biometric data (face and voice prints), government documents, and things like your social security number, military service record, and data from “telecommunications networks, credit card bureaus, [and] financial institutions. [read post]
Groundhog Day Eve was a fitting date for the hearing, as the Federal Trade Commission – this time through Bureau of Consumer Protection Director Samuel Levine – again called on Congress to pass legislation to clarify the agency’s Section 13(b) authority in the wake of the Supreme Court’s AMG decision. [read post]
31 Jan 2022, 10:00 pm by Tristan R. Pettit, Esq.
Additionally, the Bureau of Consumer Financial Protection (CFPB) is tasked with enforcing the CARES Act with respect to evictions. [read post]
31 Jan 2022, 8:38 am by Katherine Pompilio
Levine, director of the Bureau of Consumer Protection at the FTC. [read post]
The Consumer Financial Protection Bureau’s (“CFPB”) Office of Minority and Women Inclusion (“OMWI”) has released guidance and recommendations for small, midsize, and large organizations to demonstrate their commitment to diversity and inclusion (“D&I”), taking size and resources into account. [read post]
25 Jan 2022, 7:58 am by Tom Smith
Some four out 10 of all consumer complaints are linked to these swindles, according to the Consumer Financial Protection Bureau. [read post]
22 Jan 2022, 1:00 am by Joseph E. Balmer
In 2020, over 62,000 Suspicious Activity Reports filed with the federal government were regarding elder financial exploitation, amounting to $3.4 billion, according to the federal Consumer Financial Protection Bureau (CFPB). [read post]
21 Jan 2022, 9:03 pm by Margaret Sturtevant
The Consumer Financial Protection Bureau (CFPB) for example, has stated its intention to intervene in overdraft practices to restore proper competition. [read post]
21 Jan 2022, 7:56 am by Mark J. Furletti
Frotman that more clarity is needed, the CFPB will use the “clarification” to attempt to maximize the reach of consumer financial protection laws to EWAs and other products that may be on the periphery of what may be considered credit products. [read post]
21 Jan 2022, 3:00 am by Jim Sedor
Even in states where COVID-19 protections do remain in place, the issue has exposed a sharp partisan divide and provoked unrest among lawmakers. [read post]
20 Jan 2022, 9:03 pm by Sam Wong
” The Consumer Financial Protection Bureau (CFPB) published a bulletin discussing how medical debt collectors and credit bureaus can comply with rules under the new No Surprises Act. [read post]