Search for: "Consumer Financial Protection Bureau "
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7 Aug 2024, 7:59 am
Constantine Cannon whistleblower partner Gordon Schnell was published in the American Banker on the Consumer Financial Protection Bureau (CFPB) becoming the latest agency to take affirmative steps to clear the path for whistleblowers. [read post]
18 Jul 2011, 11:01 am
” Cordray made no remarks, but in March 2010, he appeared in Washington with other state attorneys general to support the idea of the Consumer Financial Protection Bureau. [read post]
10 Oct 2015, 8:23 am
Unveiling a plan to ban the use of arbitration clauses that rule out class actions, the federal Consumer Financial Protection Bureau behaves as a Plaintiff’s Lawyer Protection Bureau [Andrew Pincus, Chamber’s Institute for Legal Reform] More: Boston Globe, Alison Frankel, Reuters. [read post]
10 Nov 2023, 2:45 am
On November 7, 2023, the Consumer Financial Protection Bureau issued a proposed rule to supervise larger nonbank companies that offer services like digital wallets and payment apps. [read post]
27 Mar 2012, 7:28 am
The House unanimously approved by voice vote legislation, HR 4014, that would protect confidential bank examination information provided to the Consumer Financial Protection Bureau. [read post]
23 Dec 2013, 12:06 pm
,Last week, the CFPB announced that it has launched “a campaign to educate the public about the new protections provided by the Bureau’s mortgage rules. [read post]
22 Mar 2012, 10:06 am
Enforcement actions by the new Consumer Financial Protection Bureau are in the works, said agency head Richard Cordray, though he did not specify when the first cases would be filed. [read post]
16 Aug 2017, 11:40 am
OGIS Announces Release of Consumer Financial Protection Bureau FOIA Compliance ReportNat'l Archives & Records Admin. [read post]
30 Jul 2024, 11:55 am
In a race to the courthouse, the Consumer Financial Protection Bureau and a Lease-to-own (“LTO”) company sued each other last week, with the CFPB alleging the company engaged in illegal lending designed to evade consumer financial protection laws, and the company alleging that the Bureau pursued an illegal and unconstitutional investigation beyond its authority that seeks to usurp the state regulatory framework which… [read post]
28 Oct 2013, 6:20 am
MishkinThe Subcommittee on Financial Institutions and Consumer Credit of the House Financial Services Committee has rescheduled the hearing entitled “Examining Legislative Proposals to Reform the Consumer Financial Protection Bureau. [read post]
21 Aug 2018, 6:49 am
The Treasury suggests that the Bureau of Consumer Financial Protection (BCFP) should develop, either with the private sector or pursuant to its rulemaking authority, consumer-facing disclosures that are “plain language, readily accessible, readable through the preferred device used by consumers to access services… so that consumers can give informed and affirmative consent regarding to whom they are granting access, what… [read post]
9 Mar 2020, 11:29 am
CFPB Director Kathy Kraninger is scheduled to appear before the Senate Banking Committee tomorrow, March 10, at hearing entitled “The Consumer Financial Protection Bureau’s Semi-Annual Report to Congress. [read post]
22 May 2018, 2:54 pm
The Consumer Financial Protection Bureau is paying notice. [read post]
13 Nov 2013, 6:00 am
The Consumer Financial Protection Bureau recently released some booklets that may help answer them. [read post]
23 Mar 2017, 12:09 pm
The federal Consumer Financial Protection Bureau (CFPB) took action today against Experian and its subsidiaries for deceiving consumers about the use of credit scores it sold to consumers. [read post]
13 Dec 2020, 1:13 pm
We can see the upshot of this dysfunction where credit reporting issues are often the number one source of complaints to the Consumer Financial Protection Bureau, including during this pandemic.But there is a way forward. [read post]
26 Oct 2022, 11:35 am
“When a consumer permits their private data to be used by a company for a specific purpose, it is not a free pass for a firm to exploit the data for other uses, no matter what the legal mouse-print may say,” Rohit Chopra, the Consumer Financial Protection Bureau director, said at Money 20/20. [read post]
11 Oct 2011, 9:28 am
We have provided numerous updates about the Consumer Financial Protection Bureau since its establishment as a part of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. [read post]
21 Sep 2020, 7:23 am
Court of Appeals for the Third Circuit recently affirmed the denial of a motion to dismiss filed by a federal student loan lender and servicer against claims raised by the Commonwealth of Pennsylvania alleging violations of federal and state consumer protection laws after the Consumer Financial Protection Bureau filed suit raising similar claims. [read post]
17 Mar 2020, 7:26 am
The Maryland Court of Appeals recently held that victims on whose behalf money is collected or property is recovered by the Maryland Consumer Protection Division of the Attorney General's Office (CPD) or federal Consumer Financial Protection Bureau have no authority, through a private settlement, whether or not approved by a court, to preclude the CPD or CFPB from pursuing their own remedies. [read post]
