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9 Jan 2017, 8:13 am by Barbara S. Mishkin
Mishkin The CFPB has issued its fourth report entitled “Report of the Consumer Financial Protection Bureau Pursuant to Section 1017(e)(4) of the Dodd-Frank Act. [read post]
9 Jan 2017, 3:00 am by Barbara S. Mishkin
Mishkin The CFPB announced that the following individuals are joining its senior leadership team: Leandra English is returning to the CFPB to serve as the Chief of Staff. [read post]
5 Jan 2017, 11:53 am by Barbara S. Mishkin
Mishkin The Attorneys General for the states of Connecticut, Indiana, Kansas, and Vermont recently took the unusual step of filing a joint motion to intervene to modify the settlement terms of a CFPB enforcement action. [read post]
4 Jan 2017, 11:00 am by Barbara S. Mishkin
Mishkin The CFPB released two items at year-end:  the results of its 2016 annual employee survey and its updated Diversity and Inclusion Strategic Plan (Strategic Plan) for 2016-2020. [read post]
29 Dec 2016, 2:37 pm by Barbara S. Mishkin
Mishkin The CFPB has published a notice in the Federal Register announcing that it is seeking applications from persons interested in becoming members of its Academic Research Council (ARC). [read post]
29 Dec 2016, 12:27 pm by Barbara S. Mishkin
Mishkin PHH has filed a reply to the CFPB’s opposition to PHH’s motion for leave to file a supplemental response to the CFPB’s petition for rehearing en banc. [read post]
28 Dec 2016, 9:30 am by Barbara S. Mishkin
Mishkin The CFPB has opposed the motion filed by PHH for leave to file a supplemental response to the CFPB’s petition for rehearing en banc. [read post]
28 Dec 2016, 9:25 am by Barbara S. Mishkin
Mishkin The CFPB has issued its December 2016 complaint report which highlights complaints about debt collection. [read post]
28 Dec 2016, 9:17 am by Barbara S. Mishkin
Mishkin The CFPB has published a notice in the Federal Register announcing that it is seeking applications from persons interested in becoming members of its Consumer Advisory Board (Board), Community Bank Advisory Council (CBAC), or Credit Union Advisory Council (CUAC). [read post]
22 Dec 2016, 5:13 am by Barbara S. Mishkin
Mishkin Earlier this week, we blogged about reports that Director Cordray has no plans to leave the CFPB before his term expires in July 2018. [read post]
22 Dec 2016, 4:50 am by Barbara S. Mishkin
Mishkin The CFPB has issued its tenth Semi-Annual Report to the President and Congress covering the period April 1, 2016 through September 30, 2016. [read post]
21 Dec 2016, 10:43 am by Barbara S. Mishkin
Mishkin The CFPB has announced annual adjustments to two asset-size exemption thresholds. [read post]
21 Dec 2016, 10:28 am by Barbara S. Mishkin
Mishkin The CFPB announced that it has entered into a consent order with Military Credit Services, LLC, a company providing revolving credit to military consumers, to settle allegations that the company’s open-end credit agreements violated the Truth in Lending Act and the Electronic Fund Transfer Act. [read post]
21 Dec 2016, 10:23 am by Barbara S. Mishkin
Mishkin The CFPB announced that it has sued four Virginia-based pawnbrokers in lawsuits filed in a Virginia federal district court for alleged violations of the Truth in Lending Act and the Consumer Financial Protection Act in connection with closed-end “pawn” loans made by the companies. [read post]
19 Dec 2016, 1:32 pm by Barbara S. Mishkin
Mishkin It has been reported that President-elect Donald Trump has nominated South Carolina Republican Congressman Mick Mulvaney to be Director of the Office of Management and Budget (OMB). [read post]
19 Dec 2016, 1:19 pm by Barbara S. Mishkin
Mishkin Politico has reported that CFPB Communications Director Jen Howard has indicated in an e-mail that Director Cordray has no current plans to leave the CFPB. [read post]
19 Dec 2016, 11:06 am by Barbara S. Mishkin
Mishkin The CFPB announced that it has entered into a consent order with Moneytree, Inc. to settle allegations that the company engaged in deceptive advertising, sent consumers deceptive collection letters, and did not obtain written authorization for electronic repayments. [read post]