Search for: "Jeff Sovern"
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24 Mar 2007, 5:35 pm
by Jeff Sovern The New York Times has had several interesting articles on consumer law issues today and yesterday. [read post]
25 Apr 2010, 5:41 pm
by Jeff Sovern I've been listening to the audio version of Simon Johnson and James Kwak's excellent book, 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown. [read post]
25 May 2011, 12:21 pm
by Jeff Sovern Here are two accounts of yesterday's testimony by Elizabeth Warren before a House oversight committee: one by the Times and the other in the Huffington Post. [read post]
9 Feb 2010, 3:28 pm
by Jeff Sovern I am convinced that one reason the CFPA has run into trouble in the Senate is that it's an issue that can't easily be boiled down to a soundbite, and hence generates little passion. [read post]
1 Nov 2007, 12:34 pm
by Jeff Sovern The 2003 FACTA Act directed federal regulators to issue identity theft guidelines on "red flags" and address discrepancies (identity thieves often use an address other than the consumer's because having credit cards, for example, sent to the consumer-victim will usually do the thief little good). [read post]
3 Oct 2011, 2:32 pm
by Jeff Sovern For those who haven't read enough about the Bank of America's monthly debit card fee (coverage here and here, for example), PBS broadcast a debate between the Los Angeles Times columnist David Lazarus and Consumer Bankers Association president Richard Hunt. [read post]
17 Jun 2011, 11:42 am
by Jeff Sovern I (and plenty of others) have written in the past about consumer disclosures that haven't worked. [read post]
22 Oct 2011, 3:45 pm
by Jeff Sovern I just finished listening to the audio version of Ron Suskind's Confidence Men: Wall Street, Washington, and the Education of a President. [read post]
31 May 2012, 2:11 pm
by Jeff Sovern According to Governor Romney's economic adviser Columbia Business School Dean Glenn Hubbard, Romney will soon propose "a new system of consumer financial regulation that either moves the new Consumer Financial Protection Bureau outside of the Federal Reserve or breaks up the new agency and places the powers within existing financial regulators. [read post]
10 Mar 2007, 8:07 am
by Jeff Sovern I have previously blogged here and here about how credit bureaus lack sufficient incentives to prevent identity theft. [read post]
8 Jun 2010, 12:53 pm
by Jeff Sovern Buried deeply within the House financial reform bill--beginning at page 1472--is the Mortgage Reform and Anti-Predatory Lending Act. [read post]
26 Aug 2008, 8:45 pm
by Jeff Sovern I am pleased to announce that the 2008 supplement to our casebook is now finished. [read post]
3 Apr 2012, 12:58 pm
by Jeff Sovern The American Banker has run a couple of pieces on debt collection practices here and here. [read post]
23 Apr 2011, 8:34 am
by Jeff Sovern When we talked in class this semester about how many credit card issuers send out "pre-screened" credit card applications, I mentioned how identity thieves famously "dumpster dive" for them after the consumer has thrown them away, fill them out, and send them in, using the identity thief's address. [read post]
5 Mar 2007, 7:42 am
by Jeff Sovern Over the weekend, Brian Wolfman blogged about the proposed Interagency Guidance on Subprime Mortgage Lending. [read post]
5 Mar 2009, 5:52 pm
by Jeff Sovern I posted yesterday the abstract of Debra Pogrund Stark's and Jessica M. [read post]
16 Feb 2009, 7:12 am
by Jeff Sovern Fair Isaac has reported that Experian has terminated their agreement under which FICO credit scores based on Experian's credit data can be made available to consumers, though consumers can still obtain their FICO scores based on TransUnion and Equifax data. [read post]
16 Dec 2007, 6:18 pm
by Jeff Sovern I've been listening to an audio version of Yale law professor Ian Ayres's terrific new book, Super Crunchers, during my commute. [read post]
6 Jul 2009, 5:39 pm
by Jeff Sovern One of the many interesting provisions of the Credit CARD Act that has not received much attention is the limits it imposes on penalty fees. [read post]
14 Mar 2010, 10:12 am
by Jeff Sovern A couple of reports on the Consumer Financial Protection Agency proposal that go against type: First. 19 current and former members of the Fed's Consumer Advisory Council, including our own Alan White, have joined in a letter supporting an independent CFPA and opposing housing it in any other federal agency, including the Fed. [read post]