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16 May 2012, 2:33 pm by Jeff Sovern
by Jeff Sovern Quite a bit, according to Bloomberg BusinessWeek. [read post]
25 Jun 2020, 10:07 am by Jeff Sovern
by Jeff Sovern Businesses are lobbying to overturn laws that impose liability for negligently infecting customers with the coronavirus, claiming that they fear frivolous law suits and that they will observe heath guidelines to prevent the spread of the virus. [read post]
16 Mar 2009, 9:18 am
by Jeff Sovern The unemployed who receive benefits in the form of debit cards often pay fees for the privilege, according to a CNN report. [read post]
24 Jan 2012, 1:01 pm by Jeff Sovern
by Jeff Sovern During last night's debate, Representative Paul seemed to attribute the foreclosure crisis partly to the Community Reinvestment Act when he said: Well, the government . . . gave them a mess. [read post]
21 May 2018, 6:33 pm by Jeff Sovern
by Jeff Sovern Last Thursday, I posted on the blog Republican FTC Commissioners Name Payday Lender Lawyer to Run Consumer Protection Bureau Over Dem Commissioners' Objections. [read post]
11 May 2016, 11:33 am by Jeff Sovern
by Jeff Sovern Jean Sternlight of UNLV is circulating an impressive and well-argued letter for law professors to sign supporting the CFPB's proposed arbitration regulation. [read post]
31 Jul 2017, 4:40 pm by Jeff Sovern
by Jeff Sovern The Hill reports that Hensarling has demanded an investigation into whether Cordray violated election law. [read post]
1 Sep 2017, 1:19 pm by Jeff Sovern
by Jeff Sovern Housing Wire reports on mortgage origination costs in a report headlined MBA: The cost to produce a mortgage falls closer to historic lows, with a subhead reading "Independent mortgage bank production profitability improves. [read post]
1 Jun 2013, 5:01 pm by Jeff Sovern
by Jeff Sovern Last week, the Times ran an article about companies that sell consumer data to businesses but won't provide it to the consumers involved. [read post]
17 Jul 2018, 12:40 pm by Jeff Sovern
by Jeff Sovern Allied Progress has posted a list of ten questions for Kathy Kraninger at her confirmation hearing Thursday. [read post]
8 Nov 2013, 2:05 pm by Jeff Sovern
by Jeff Sovern Recently I heard an industry lawyer say that to know what regulators will do next, you should listen to consumer advocates. [read post]
2 May 2018, 8:59 am by Jeff Sovern
by Jeff Sovern It remains unclear whether the House would simply pass the Senate bill (which seems more likely after recent remarks by House Financial Services Chair Hensarling) or whether the two chambers will negotiate changes, but Reuters reports here that House majority leader McCarthy has said the House vote could come this month. [read post]
12 Feb 2018, 4:29 pm by Jeff Sovern
by Jeff Sovern The Hill reports that the president's budget would subject the CFPB budget to the congressional appropriations process, which as we have noted in the past, would effectively give lobbyists power over the CFPB, even when the director is not beholden to the industry. [read post]