Search for: "Consumer Financial Protection Bureau "
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4 May 2023, 7:49 am
The Consumer Financial Protection Bureau ordered the bank to pay $2 billion in consumer redress and a $1.7-billion civil penalty, which is the largest fine the CFPB has ever levied against a single financial institution. [read post]
13 Jun 2019, 5:28 am
It has been our long-standing view that the CFPB’s initiatives to fulfill its Dodd-Frank mandates to improve the financial literacy of American consumers and protect older Americans from financial exploitation are deserving of industry support. [read post]
5 May 2016, 7:46 am
— Today the Consumer Financial Protection Bureau (CFPB) is seeking comments on proposed rules that would prohibit mandatory arbitration clauses that deny groups of consumers their day in court. [read post]
22 Jul 2010, 11:54 am
The new law creates new federal agencies including: Financial Stability Oversight Council, the Office of Financial Research, and the Bureau of Consumer Financial Protection. [read post]
5 Nov 2010, 8:35 pm
Some of the changes this law will implement, aside from encouraging and rewarding civilian participation (private individuals who are whistleblowers) include the following provisions: • The creation and streamlining of agencies that would identify threats to the financial stability of the United States, promote market discipline, and respond to emerging risks to the financial system’s stability • Monitor all aspects of the… [read post]
7 Mar 2016, 11:37 am
Photo by Chris Potter On of the most frequent consumer complaints received by the Consumer Financial Protection Bureau is debt collectors attempting to collect a debt from the wrong person. [read post]
10 Feb 2020, 4:53 am
[The Consumer Financial Protection Bureau could be completely independent of the next occupant of the White House.] [read post]
18 Jun 2024, 9:01 pm
In rejecting a constitutional challenge to this funding structure by several trade associations, the Supreme Court held in Consumer Financial Protection Bureau v. [read post]
3 Nov 2021, 12:52 pm
“Financial institutions and other entities that collect sensitive consumer data have a responsibility to protect it,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection. [read post]
3 Nov 2021, 12:52 pm
“Financial institutions and other entities that collect sensitive consumer data have a responsibility to protect it,” said Samuel Levine, Director of the FTC’s Bureau of Consumer Protection. [read post]
26 Mar 2019, 9:05 pm
Paul Watkins, Director of the Office of Innovation at the Consumer Financial Protection Bureau (CFPB), says that many consumers have leverage against their credit card companies to get them to waive fees without needing back-up from the government because those companies know their clientele can take their business elsewhere. [read post]
2 Oct 2016, 10:49 am
– Today the Consumer Financial Protection Bureau (CFPB) issued the procedures its examiners will use in identifying consumer harm and risks related to the Military Lending Act rule which was updated in July 2015. [read post]
17 Sep 2010, 6:22 pm
LBN interview-- Elizabeth Warren Senior Bankruptcy Study--9/2008 WASHINGTON — Elizabeth Warren, the Harvard law professor who became a darling of the left for her championship of the Consumer Financial Protection Bureau, was appointed by President Obama on Friday to oversee the agency’s establishment by mid-2011, until a director is named later. ? [read post]
15 Nov 2012, 6:29 am
Since its formation, the Consumer Financial Protection Bureau (created by the Dodd-Frank Act) has been implementing forms to be used in place of several of the previously-standard residential loan closing forms, including the HUD-1. [read post]
15 Feb 2012, 2:40 pm
CDS are financial instruments meant to protect investors in the event a company or State they have invested in default on their payments. [read post]
1 Jun 2020, 9:00 am
The creation of the Consumer Financial Protection Bureau has centralized and rationalized the institutional structure of consumer financial regulation such that it is now possible to organize a coherent stand-alone course in consumer finance. [read post]
22 Oct 2014, 2:16 pm
The Consumer Financial Protection Bureau (CFPB) has finalized a proposed rule that will eliminate the need for certain financial institutions to mail annual privacy notices to their customers, so long as the institutions publish their privacy notices online and engage only in limited sharing of customer information. [read post]
2 Dec 2016, 10:24 am
The Consumer Financial Protection Bureau (CFPB) will likely be weakened by the incoming Trump administration and its Republican allies in Congress. [read post]
2 Dec 2016, 10:24 am
The Consumer Financial Protection Bureau (CFPB) will likely be weakened by the incoming Trump administration and its Republican allies in Congress. [read post]
28 Aug 2013, 5:59 pm
Just last week, the Consumer Financial Protection Bureau (CFPB) of the federal government filed a lawsuit against Morgan Drexen, a debt settlement company, and its owner, Walter Ledda. [read post]
