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20 Jun 2011, 7:00 am by Jeff Sovern
by Jeff Sovern We posted last week on a piece in the Times that mentioned a debt collector using a pseudonym; here is my letter in the Times on that issue. [read post]
15 Dec 2010, 12:07 pm by Jeff Sovern
by Jeff Sovern The Republican Commissioners on the Financial Crisis Inquiry Commission have issued their preliminary findings and conclusions on the causes of the financial crisis in a document titled “Financial Crisis Primer: Questions and Answers on the Causes of the Financial Crisis. [read post]
27 Jun 2010, 5:09 pm by Jeff Sovern
by Jeff Sovern I haven't read the conference Dodd-Frank bill yet, so take this with a grain of salt, but judging by Gretchen Morgenson's column in today's Times, it is a long way from a complete victory for consumers. [read post]
27 Feb 2011, 3:11 pm by Jeff Sovern
by Jeff Sovern Kevin Jon Heller of the Opinio Juris blog has a post about the troublesome practice of using UDAP statutes against book authors and publishers in connection with the content of their books. [read post]
31 May 2009, 1:46 pm
by Jeff Sovern Last December, various federal regulators adopted new credit card regulations (we blogged about them here, among other places). [read post]
15 Mar 2011, 11:40 am by Jeff Sovern
by Jeff Sovern As we noted a couple of weeks ago, the House of Representatives voted to cut the Consumer Financial Protection Bureau's budget. [read post]
19 Apr 2012, 2:53 pm by Jeff Sovern
by Jeff Sovern Yesterday, Democrats on the House Financial Services Committee suggested that in response to the Republican proposal to subject the CFPB to the congressional appropriations process, other bank regulators, including the Fed and the Office of the Comptroller of the Currency, be subjected to that process (all three are currently funded independently). [read post]
28 May 2010, 9:50 am by Jeff Sovern
by Jeff Sovern Last week at the University of Houston's Teaching Consumer Law Conference (presided over by fellow-blogger Richard Alderman) I spoke about the House and Senate Consumer Financial Protection Agency (or Bureau) bills and their differences and similarities. [read post]
25 Dec 2009, 5:19 pm by Jeff Sovern
by Jeff Sovern In October, I posted a link to my colleague Vince DiLorenzo's article Mortgage Market Deregulation and Moral Hazard: Equity Stripping Under Sanction of Law. [read post]
2 Aug 2011, 11:31 am by Jeff Sovern
by Jeff Sovern I have been remiss in not drawing readers' attention to the very interesting and informative Ballard Spahr blog on the Consumer Financial Protection Bureau CFPB Monitor,  which started up last month. [read post]
22 Mar 2007, 1:54 pm
by Jeff Sovern Yesterday's New York Times had a report on Chris Jay Hoofnagle's proposal to require financial institutions to make public their internal figures on identity theft. [read post]
8 Jul 2012, 11:27 am by Jeff Sovern
by Jeff Sovern We have previously blogged about the CFPB's Credit Card Database (here, here,  and here). [read post]
16 Jul 2007, 11:58 am
by Jeff Sovern The presidential campaigns and media outlets are understandably concerned with issues like the Iraq war, health care, the economy, nuclear proliferation, global warming, and the like. [read post]
27 Oct 2010, 9:03 am by Jeff Sovern
by Jeff Sovern Today's Times has an interesting article, Adviser to Consumer Agency Had Role in Lending, about CFPB hiring (or perhaps, more accurately, Treasury hiring for what will become the CFPB). [read post]
8 Apr 2012, 9:32 am by Jeff Sovern
by Jeff Sovern Here.  This is a problem where the law did what it could before the issue became common; spam text is outlawed both under regulations adopted under the federal CAN-SPAM Act (as long as the cell phone has a unique electronic address, which I gather they all do) and the federal TCPA (if the texts are sent via autodialer, which they likely are as it would be too time-consuming to send text spam from phones manually by entering in the number and text). … [read post]
23 Oct 2007, 2:41 pm
by Jeff Sovern In addition to the report on the predatory lending bill Brian linked to below, today's Times also has an article about the government's system for insuring that meat is safe. [read post]
12 Feb 2010, 12:37 pm by Jeff Sovern
by Jeff Sovern Ed Mierzwinski of the excellent US PIRG Consumer Blog has a mind-boggling piece in the Huffington Post about an ad opposing the financial regulatory bill the House passed in December that would, among other things, create a Consumer Financial Protection Agency. [read post]
7 Jun 2011, 11:56 am by Jeff Sovern
by Jeff Sovern If you are interested in the Consumer Financial Protection Bureau, this is a must-read article. [read post]
3 Jun 2010, 9:03 am by Bankruptcy Prof
Jeff Sovern has prepared a nice powerpoint summary of the two bills creating a new federal Consumer Financial Protection Agency. [read post]