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20 Nov 2011, 2:08 pm by Jeff Sovern
Today's Sunday Times Magazine has an article about Elizabeth Warren that explains how the Consumer Financial Protection Bureau ended up with the power to enforce the Fair Credit Reporting Act: Warren described her motivation to enter politics by recalling the time Barney Frank called her to the Capitol during the first days of writing the latest financial-regulation bill. [read post]
9 Oct 2010, 7:24 am by Todd Zywicki
(Todd Zywicki) This summer, shortly before Dodd-Frank was enacted, I offered several suggestions on how the new Bureau of Consumer Financial Protection could be made more consumer-friendly. [read post]
30 Jul 2010, 10:56 am by Legal Talk Network
They look at the new financial reform law, the role of the Consumer Financial Protection Bureau and how this new legislation impacts the banking industry, businesses, law firms’ workload and consumers. [read post]
21 Sep 2018, 4:11 pm by Staff Attorney
The Consumer Financial Protection Bureau has stated “Financial institutions play a vital role in preventing and responding to this type of elder abuse. [read post]
13 Aug 2012, 4:58 am by Brian Wolfman
On Friday, the Consumer Financial Protection Bureau proposed new mortgage servicing rules. [read post]
6 Jan 2012, 6:24 pm by James Hamilton
In a letter to Attorney General Eric Holder, House Financial Services Chair Spencer Bachus (R-ALA) asked for information about the recess appointment of Richard Cordray to be Director of the Consumer Financial Protection Bureau, which the Chair described as a matter of significant public interest and importance. [read post]
10 Apr 2012, 3:13 pm by slemberg
The Consumer Financial Protection Bureau recently launched Ask CFPB, where you can find answers to questions about mortgages, credit scores, and credit cards. [read post]
This message rings similar to criticism of private equity made by Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra, who had been a commissioner at the FTC. [read post]
8 Mar 2019, 1:54 pm by Malecki Law Team
The Consumer Financial Bureau analyzed data from Suspicious Activity Reports filed between April 2013 and December 2017 to shed more awareness on the issues of elder financial exploitation. [read post]
17 Jan 2019, 7:59 pm by Sabrina I. Pacifici
The Consumer Financial Protection Bureau (CFPB) , the new Financial Stability Oversight Council (FSOC), the Volcker Rule, the Dodd-Frank Act Stress Tests (DFAST) , the US Comprehensive Capital Analysis and Review (CCAR), US supervision of Foreign Banking Organisations (FBOs) and the Current Expected Credit Losses (CECL) framework are the milestones that guided the implementation of the reform. [read post]
29 Sep 2016, 4:55 am by Grayson Lambert and Joshua Davey
This summer, the Consumer Financial Protection Bureau (CFPB) was asked by an LGBT advocacy group whether the provision of the Equal Credit Opportunity Act (ECOA), 15 U.S.C. [read post]
Last week, the Consumer Financial Protection Bureau (CFPB) acknowledged that the Notice of User Responsibilities and the Summary of Rights (as well as two other forms not pertinent to employers) published by the Bureau in December 2011 contained typographical and other technical errors. [read post]
On July 18, 2024, the Consumer Financial Protection Bureau (the “CFPB” or “Bureau”) proposed an interpretive rule that states (1) EWA products fall under the definition of “credit” under the Truth in Lending Act (“TILA”) and Regulation Z and (2) fees for certain tips and for expedited funding are finance charges.... [read post]
21 Sep 2023, 7:34 am by Barbara S. Mishkin
Our special guest is Andrew Nigrinis, PhD, who formerly served as Enforcement Economist for the Consumer Financial Protection Bureau. [read post]
14 Oct 2011, 11:21 am by Jennings Strouss & Salmon
Consumers must become educated to protect themselves from identity theft. [read post]
3 Jan 2014, 7:15 am by Barbara S. Mishkin
MishkinLast week, the CFPB issued a report entitled “Report of the Consumer Financial Protection Bureau Pursuant to Section 1017(e)(4) of the Dodd-Frank Act. [read post]
17 Feb 2021, 10:26 am by Barbara S. Mishkin
Effective January 1, 2021, California’s revamped consumer protection agency—the Department of Financial Protection and Innovation (DFPI)—has new, sweeping power over consumer financial services providers in the most populous U.S. state. [read post]
10 Jun 2011, 6:44 am by Brian Wolfman
Following up on Jeff's "Waiting for Godot" post noting the possibility that President Obama may nominate Raj Date (not Elizabeth Warren) to head up the Consumer Financial Protection Bureau, today's Washington Post reports that Senate Minority Leader Mitch McConnell is steadfast in his vow to block any CFPB nominee unless the agency is restructured to the Republicans' liking: [A]n aide to ... [read post]