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The Consumer Financial Protection Bureau and Department of Justice have issued a joint statement regarding “the potential civil rights implications of a creditor’s consideration of an individual’s immigration status under the Equal Credit Opportunity Act (ECOA). [read post]
8 Mar 2016, 10:56 am by Christopher E. Hoyme
The Consumer Financial Protection Bureau (“CFPB”) gave the fintech online payment sector a “wake up call” with an enforcement action against a Des Moines start up digital payment provider, Dwolla, Inc. [read post]
6 Oct 2022, 5:23 pm by Brian Turetsky
On September 29, 2002, the Consumer Financial Protection Bureau (“CFPB”) filed a complaint against online lender MoneyLion Technologies, Inc, and several dozen of its subsidiaries (collectively, “MoneyLion”), alleging violations of the Military Lending Act (“MLA). [read post]
15 Jul 2011, 12:27 pm by nflatow
Watch video of Warren discussing her idea for the Consumer Financial Protection Agency at the 2009 ACS National Convention below. [read post]
4 Jan 2012, 2:55 pm by nflatow
by Nicole Flatow Several hours after news broke that President Obama would appoint Richard Cordray to head the Consumer Financial Protection Bureau, Obama announced he would also fill all three empty slots on the National Labor Relations Board. [read post]
23 Jul 2015, 12:59 pm by Nicole Kellner-Swick
Urban, Attorney On June 3, 2015 the director of the Consumer Financial Protection Bureau (CFPB), Richard Cordray, announced in a letter to Congress that the CFPB was postponing implementation of the TILA/RESPA rules until August 1, 2015. [read post]
13 Oct 2016, 2:00 am by Anthony B. Cavender
Court of Appeals for the DC Circuit issued a very long opinion (110 pages) which vacates an order of the Consumer Financial Protection Bureau (CFPB) that requires PHH Corporation, a large home mortgage lender, to disgorge $109 million in a captive reinsurance arrangement the CFPB held to be illegal. [read post]
15 Nov 2017, 11:34 am by MBettman
Former Ohio Attorney General Richard Cordray announced today, November 15, 2017, that he plans to step down as head of the Consumer Financial Protection Bureau by the end of this month. [read post]
6 Dec 2017, 8:09 am by Tom Smith
When Leandra English, former chief of staff to the former director of the Consumer Financial Protection Bureau, asked a federal judge to block President Trump’s appointment of Mick Mulvaney to replace her departing boss Richard Cordray, and to install her as the CFPB’s rightful leader, Judge Timothy J. [read post]
21 Feb 2020, 6:00 am by SCOTUStalk
Tom Goldstein and Kevin Russell covered President Donald Trump’s tax returns, religious school funding, the future of the Consumer Financial Protection Bureau and faithless electors in the 2020 presidential race. [read post]
21 May 2015, 10:58 am by Barbara S. Mishkin
Mishkin Republican Senator David Perdue has introduced a bill, S.1383 entitled the ‘‘Consumer Financial Protection Bureau Accountability Act of 2015,” that would make the CFPB subject to the congressional appropriations process. [read post]
30 Nov 2020, 11:50 am by David Snyder
The Consumer Financial Protection Bureau, Federal Reserve Board, and Office of the Comptroller of the Currency announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2021 will remain at $27,200 (2020’s threshold). [read post]
25 Mar 2015, 12:50 pm by Barbara S. Mishkin
  Earlier in March, Republican Congressman Sean Duffy introduced the Bureau of Consumer Financial Protection Accountability Act of 2015 (H.R. 1261) which is also directed at making the CFPB subject to the congressional appropriations process. [read post]
2 Mar 2011, 10:10 am by Todd Zywicki
 My topic will be “The Mortgage Crisis and the Flawed Response of the Consumer Financial Protection Bureau. [read post]
7 Sep 2010, 7:04 pm by Donn Zaretsky
Felix Salmon thinks the idea of regulating the art market -- through for example the new Consumer Financial Protection Bureau -- is "a dreadful idea. [read post]
17 Sep 2010, 5:56 am by Josh Sturtevant
After no small amount of speculation, Elizabeth Warren's appointment to the new Consumer Financial Protection Bureau will be announced later today. [read post]
11 Aug 2017, 7:42 am by Richard J. Andreano, Jr.
As we reported previously, on July 7, 2017 the Consumer Financial Protection Bureau (CFPB) posted on its website long awaited amendments to the TILA/RESPA Integrated Disclosure (TRID) rule, and a proposal to address the so-called “black hole” issue (regarding limits on the ability of a credit to reset tolerances with a Closing Disclosure). [read post]
30 Nov 2020, 11:50 am by David Snyder
The Consumer Financial Protection Bureau, Federal Reserve Board, and Office of the Comptroller of the Currency announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2021 will remain at $27,200 (2020’s threshold). [read post]