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On September 21, 2023, with limited time to digest the comments received by September 11, 2023 from the request for information regarding medical payment products, the Consumer Financial Protection Bureau (CFPB) started the FCRA rulemaking process. [read post]
13 Jun 2015, 6:01 am by Chloe Maurice
Large non-bank auto financers will now be supervised by the Consumer Financial Protection Bureau, according to a final rule released June 10, that also outlines the examination procedures that will be used to evaluate said companies. [read post]
6 Feb 2023, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) recently issued a notice of proposed rulemaking to amend Regulation Z (the Proposal), which implements the Truth in Lending Act (TILA), to better ensure that late fees charged on credit card accounts are “reasonable and proportional” to late payments as required under the Credit Card Accountability and Disclosure Act of 2009 (Card Act). [read post]
28 Mar 2022, 8:18 pm by Marx Sterbcow
  The presentation will discuss Affiliated Business Arrangement compliance, Marketing Service Agreement & Advertising Services Agreements, and provide an update on where enforcement at the Consumer Financial Protection Bureau is headed. [read post]
11 Oct 2016, 1:21 pm by Donald Maurice
The Consumer Financial Protection Bureau narrowly escaped a constitutional challenge today in a ruling handed down from the United States Court of Appeals for the District of Columbia Circuit. [read post]
29 Apr 2019, 3:00 pm by Elizabeth Williams
  On April 23, the Consumer Financial Protection Bureau (CFPB) announced changes to its current policies regarding Civil Investigative Demands (CIDs). [read post]
6 Jan 2014, 7:23 am by admin
A new study conducted by the Consumer Financial Protection Bureau reports that there are approximately 37 million Americans with student loan debt.... [read post]
30 May 2014, 11:14 am by Don Maurice
The Consumer Financial Protection Bureau recently announced it is drafting a larger nonbank participant rule for auto lenders. [read post]
6 Jul 2016, 9:05 am by Ralph T. Wutscher
The federal Consumer Financial Protection Bureau (CFPB) recently issued its “Supervisory Highlights – Issue 12, Summer 2016” report, focusing attention on automobile origination, debt collection, mortgage origination, small dollar lending, fair lending, and remedial actions, reflecting supervisory activity generally completed between January 2016 and April 2016. [read post]
20 Jan 2017, 9:44 am by Elizabeth Lowman
[JURIST] The Consumer Financial Protection Bureau [official website] is suing Navient [corporate website], the largest servicer of US student loans. [read post]
12 Sep 2018, 2:39 am by Ryan Mulvey
The Consumer Financial Protection Bureau published a final rule implementing revised FOIA regulations in today’s issue of the Federal Register. [read post]
8 Nov 2013, 11:26 am by Joann Needleman
On Nov. 6, the Consumer Financial Protection Bureau issued its Advance Notice of Proposed Rulemaking for debt collection practices. [read post]
8 Jun 2023, 1:35 pm by Richard J. Andreano, Jr.
The agencies are the Comptroller of the Currency (OCC), Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Federal Reserve Board (Board) and National Credit Union Administration (NCUA). [read post]
12 Dec 2023, 10:00 pm
The attorneys general of 20 states and territories, led by New York Attorney General Letitia James, recently sent letters to the heads of the US Consumer Financial Protection Bureau (CFPB) and US Office of the Comptroller of the Currency (OCC) requesting that the agencies partner with the states and “take appropriate action” to clarify that federally chartered institutions must cooperate with state attorneys’ general information requests, and… [read post]
13 Mar 2016, 8:11 pm by Consuella Pachico
A top official at the Consumer Financial Protection Bureau, (CFPB), said student loan companies are at risk of breaking the law if they place people in default when the co-signer of their loan dies or declares bankruptcy. [read post]
12 Apr 2023, 9:10 am by Erik L. Johnson
On April 5, 2023, the Consumer Financial Protection Bureau (CFPB) brought an action against James R. [read post]
12 Dec 2023, 10:00 pm
The attorneys general of 20 states and territories, led by New York Attorney General Letitia James, recently sent letters to the heads of the US Consumer Financial Protection Bureau (CFPB) and US Office of the Comptroller of the Currency (OCC) requesting that the agencies partner with the states and “take appropriate action” to clarify that federally chartered institutions must cooperate with state attorneys’ general information requests, and… [read post]
27 Jan 2016, 8:29 am by Donald Maurice
The Consumer Financial Protection Bureau issued a bulletin on Nov. 23, 2015 “intended to remind entities of their obligations under the Electronic Fund Transfer Act (EFTA) and Regulation E. [read post]
19 Feb 2024, 10:00 pm
The Consumer Financial Protection Bureau (CFPB) on February 16 issued an internal process regulation—effective immediately upon publication in the Federal Register—updating and formalizing the steps that supervised institutions may take to appeal certain adverse supervisory findings and ratings. [read post]
7 Feb 2022, 12:36 pm by support
In late 2020, the Consumer Financial Protection Bureau (“CFPB”) took steps to address... [read post]