Search for: "Consumer Financial Protection Bureau "
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18 Mar 2019, 10:02 am
” The FY 2020 budget contains a line item for “Restructure the Consumer Financial Protection Bureau” that shows a $23 million reduction in funding in FY 2020. [read post]
14 Mar 2019, 6:41 am
The Director of the FTC’s Bureau of Consumer Protection, Andrew Smith, stated that the “proposed changes are informed by the FTC’s almost 20 years of enforcement experience” and are designed to “keep up with marketplace trends and respond to technological developments. [read post]
13 Mar 2019, 12:52 am
The Consumer Financial Protection Bureau (CFPB) released a new report at the end of February, Suspicious Activity Reports on Elder Financial Exploitation: Issues and Trends. [read post]
11 Mar 2019, 1:41 pm
The Federal Financial Institutions Examination Council (FFIEC)—the interagency body tasked with setting uniform principles and standards for the examination of financial institutions by federal regulators, including the Consumer Financial Protection Bureau—has adopted a Policy Statement designed to streamline the information presented in examination reports (“ROE”). [read post]
11 Mar 2019, 9:08 am
Senate Bill 630 clearly attempts to revive a Consumer Financial Protection Bureau Rule (“CFPB”) that was narrowly rescinded in October 2017 using the Congressional Review Act. [read post]
The DOJ Announces Largest Elder Fraud Sweep After Reports of Increasing Elder Financial Exploitation
8 Mar 2019, 1:54 pm
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]
8 Mar 2019, 5:00 am
Yesterday’s hearing on the CFPB held by the House Financial Services Committee highlighted the continuing partisan divide over the CFPB’s implementation of its consumer protection mission but with Democratic and Republican committee members switching roles from those taken at the hearings at which former Director Cordray appeared. [read post]
7 Mar 2019, 12:31 pm
” The bill’s provisions include amendments to the Dodd-Frank Act that would: Replace references to the “Bureau of Consumer Financial Protection” with “Consumer Financial Protection Bureau” and require the CFPB to refer to itself in any public communication, including on any website, as the “Consumer Financial Protection Bureau” or… [read post]
7 Mar 2019, 10:23 am
Andrew Smith, Director of the FTC’s Bureau of Consumer Protection, explained that the purpose of the proposed changes is “to better protect consumers and provide more certainty for business. [read post]
6 Mar 2019, 7:21 am
A Semi-Annual Review of the Consumer Financial Protection Bureau. [read post]
6 Mar 2019, 2:41 am
Reasons for this long-standing principle in the law are that it: “protects litigants from harassment through the [repeated] litigation of the same claim or issue” “avoid[s] inconsistent judgments; having the same issue decided in different ways can only undermine the general public’s esteem for the legal system” “sav [es] the courts’ time by avoiding repetition of litigation” Allan D. [read post]
4 Mar 2019, 1:13 pm
As we reported previously, the Economic Growth, Regulatory Relief and Consumer Protection Act (Act) subjects Property Assessed Clean Energy (PACE) financing to Truth in Lending Act (TILA) ability-to-repay (ATR) requirements under rules to be adopted by the CFPB. [read post]
4 Mar 2019, 10:58 am
A Semi-Annual Review of the Consumer Financial Protection Bureau. [read post]
28 Feb 2019, 12:12 pm
Yesterday, the Consumer Financial Protection Bureau (CFPB) released guidance and technical specifications relating to the submission of prepaid account agreements. [read post]
When Congress calls for whistleblowers, federal employees need to know their rights before answering
27 Feb 2019, 4:00 am
Maxine Waters issued an open letter to potential whistleblowers at the Consumer Financial Protection Bureau (CFPB) late last week. [read post]
26 Feb 2019, 9:28 am
A Semi-Annual Review of the Consumer Financial Protection Bureau” scheduled for March 7, 2019. [read post]
26 Feb 2019, 5:38 am
Following Congress’s lead, the Consumer Financial Protection Bureau (“CFPB”) passed a set of new rules regarding the documentation mortgage applicants receive at closing. [read post]
25 Feb 2019, 8:17 am
As a brilliant Harvard law professor, she argued for a new agency to protect consumers before the 2008 financial crisis hit. [read post]
25 Feb 2019, 8:17 am
As a brilliant Harvard law professor, she argued for a new agency to protect consumers before the 2008 financial crisis hit. [read post]
22 Feb 2019, 4:27 pm
” The Consumer Financial Protection Bureau (CFPB) calls financial exploitation of seniors “[t]he crime of the 21st century,” and an “epidemic [that] is truly under the radar. [read post]
