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7 Aug 2017, 2:51 pm by Kathleen Scott
On August 2, 2017, the Office of the Comptroller of the Currency (“OCC”), which charters national banks, issued a press release and notice seeking comments proposing revisions to the  regulations that implement the so-called “Volcker Rule” in order to “better accomplish the purposes” of the Rule. [read post]
7 Aug 2017, 8:03 am by Merritt Baer, Chinmayi Sharma
But rarely in another context would we see an individual citizen-consumer evaluating when and how to bring suit for an invasion of data that was conducted on a vast and likely nation-state scale. [read post]
3 Aug 2017, 7:19 am by Shriver Center
Those individuals collectively received a paltry $172,433 in relief.Consumers need the arbitration rule, and they need it now.Recent scandals such as those involving Wells Fargo Bank, which fraudulently opened bank accounts and charged consumers debit card fees, point to this need. [read post]
1 Aug 2017, 11:49 am by John Castellano
Miller, the same is true of bank records and other financial information, which many consider to be highly personal and private. [read post]
Class action lawsuits our law firm has been involved in or spear-headed have led to substantial awards totalling over a million dollars to organizations including the National Association of Consumer Advocates, the National Consumer Law Center, and local law school consumer programs. [read post]
27 Jul 2017, 9:30 pm by Sarah Madigan
The rule would allow consumers to pursue a class-action lawsuit instead of forcing the use of arbitration where there is a dispute over bank and credit card accounts. [read post]
26 Jul 2017, 12:07 pm by Barbara S. Mishkin
”  According to the report, he “is now trying to nationalize his prior tactics and prevent all consumers from having their day in court. [read post]
  For Chinese nationals, this could mean a Sustainment Period of up to 10 to 12 years from the date of initial filing of the I-526 petition. [read post]
Class action lawsuits our law firm has been involved in or spear-headed have led to substantial awards totalling over a million dollars to organizations including the National Association of Consumer Advocates, the National Consumer Law Center, and local law school consumer programs. [read post]
Class action lawsuits our law firm has been involved in or spear-headed have led to substantial awards totalling over a million dollars to organizations including the National Association of Consumer Advocates, the National Consumer Law Center, and local law school consumer programs. [read post]
20 Jul 2017, 9:30 pm by Sarah Madigan
” Notwithstanding Norieka’s request, the CFPB published the rule, which will allow consumers to pursue a class-action lawsuit instead of forcing the use of arbitration where there is a dispute over bank and credit card accounts. [read post]
Many years ago, we were successful in converting a consumer finance company to a national bank and had no difficulty in obtaining OCC approval. [read post]
19 Jul 2017, 11:28 am by Daniel C. Fanaselle
  In June 2014, the national trade association for the payday lending industry and Advance America, a payday lender, initiated the action against the FDIC, Fed, and the OCC. [read post]
11 Jul 2017, 5:40 pm by WOLFGANG DEMINO
In its findings, the trial court found that the Gillespies entered into a loan agreement with Bank One,[9] that Bank One transferred and assigned the Gillespies' note to National Funding, and that National Funding simultaneously transferred it to the Trust. [read post]
10 Jul 2017, 2:10 pm by Amy Chan
According to the results, the nation’s largest bank holding companies have strong capital levels and retain their ability to lend to households and businesses during a severe recession. [read post]
10 Jul 2017, 10:16 am by Barbara S. Mishkin
The CFPB has announced the following new members to its Consumer Advisory Board, Academic Research Council, Community Bank Advisory Council, and Credit Union Advisory Council. [read post]
10 Jul 2017, 1:22 am by Desiree Reddy
The Prudential Authority will be responsible for regulating the prudential aspects of banks and all non-bank financial institutions and the Financial Sector Conduct Authority will be responsible for regulating market conduct and safety of financial consumers. [read post]
Class action lawsuits our law firm has been involved in or spear-headed have led to substantial awards totalling over a million dollars to organizations including the National Association of Consumer Advocates, the National Consumer Law Center, and local law school consumer programs. [read post]