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Elizabeth Warren is being proposed by some as the best choice to head the new Bureau of Consumer Financial  Protection, as discussed here in a New York Times editorial, as well as here at a USA Today article. [read post]
12 Jan 2013, 11:45 am by James Hamilton
The Consumer Financial Protection Bureau adopted regulations implementing Dodd-Frank Act requirements that mortgage lenders consider consumers’ ability to repay home loans before extending them credit. [read post]
27 Nov 2017, 4:35 pm by Wolfgang Demino
Plaintiff Leandra English is the Deputy Director and Acting Director of the Consumer Financial Protection Bureau.4. [read post]
3 Jun 2015, 8:06 am by Allison Tussey
Provident Funding Associates is the subject of a consent order resolving allegations by the Justice Department and Consumer Financial Protection Bureau that it engaged in a pattern or practice of discrimination. [read post]
3 Nov 2013, 10:00 pm
Since the establishment of the Consumer Financial Protection Bureau under the Dodd-Frank Act, the CFPB has been very busy issuing final rules to implement various provisions of the Act. [read post]
3 Nov 2013, 10:00 pm
Since the establishment of the Consumer Financial Protection Bureau under the Dodd-Frank Act, the CFPB has been very busy issuing final rules to implement various provisions of the Act. [read post]
27 Jan 2011, 11:36 am by James Hamilton
Moreover, financial planners that provide brokerage services are subject to broker-dealer regulation at the federal and state levels.In addition, under Section 1011 of Dodd-Frank, the Bureau of Consumer Financial Protection regulates the offering and provision of consumer financial products or services under the federal consumer financial laws. [read post]
20 Jan 2016, 12:08 pm by Terrence McKelvey and Joshua Davey
On November 23, 2015, the Consumer Financial Protection Bureau (CFPB) issued a Compliance Bulletin reminding covered entities of their obligations under the Electronic Fund Transfer Act (EFTA) and Regulation E to obtain consumer authorization before automatically debiting a consumer’s account for preauthorized electronic funds transfers (EFTs). [read post]
11 May 2012, 12:22 pm by BuckleySandler
On May 9, the Consumer Financial Protection Bureau (CFPB) outlined in its outreach materials to small business representatives its proposals to implement the loan originator compensation provisions of the Truth in Lending Act (TILA). [read post]
27 Feb 2014, 3:48 pm by Julianne Vandergrift
The Consumer Advocacy Division offers complete legal services for consumers facing financial struggles, including debt defense, debt settlement, bankruptcy, and consumer protection lawsuits, such as FDCPA, TCPA, and FCRA. [read post]
27 Feb 2014, 3:48 pm by Julianne Vandergrift
The Consumer Advocacy Division offers complete legal services for consumers facing financial struggles, including debt defense, debt settlement, bankruptcy, and consumer protection lawsuits, such as FDCPA, TCPA, and FCRA. [read post]
8 Feb 2011, 4:33 am
However before the help gets here you, the consumer, will need to help the effort get off the ground. [read post]
2 Jul 2020, 9:05 pm by Joshua Burd
Supreme Court held that the leadership structure of the Consumer Financial Protection Bureau (CFPB) violates the U.S. [read post]
10 Jan 2013, 12:01 pm by Rich Vetstein
The new Consumer Financial Protection Bureau has just issued what it deems “one of its most important rules to date. [read post]
Earlier this week, 18 United States Senators–including New Jersey Senator and local superhero Cory Booker–called upon the Consumer Financial Protection Bureau to regulate prepaid debit cards issued to released prisoners. [read post]
6 Nov 2015, 9:30 am by Giskan Solotaroff & Anderson LLP
Earlier this week, 18 United States Senators–including New Jersey Senator and local superhero Cory Booker–called upon the Consumer Financial Protection Bureau to regulate prepaid debit cards issued to released prisoners. [read post]
9 Feb 2015, 5:52 am by Joshua Davey and Alec Covington
On January 29, five federal regulatory agencies (Consumer Financial Protection Bureau, Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and National Credit Union Administration) issued new guidance regarding private student loans with graduated repayment plans that allow borrowers to make lower monthly payments early in the loan term with increases to coincide with projected income… [read post]
27 Aug 2020, 8:07 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: TD Bank to Pay $122 Million to Settle Overdraft Claims Brought by Consumer Financial Protection BureauUSA Today – August 21, 2020 TD Bank has agreed to pay $122 million in a settlement with Consumer Financial Protection Bureau over charges that it issued illegal overdraft fees. [read post]
18 Mar 2022, 8:56 am by Zak Gowen
Consumer Financial Protection Bureau Director Rohit Chopra minced no words Friday in a rare TV appearance, offering a critical view of the state of the U.S. payments sector. [read post]