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14 Mar 2010, 10:12 am by Jeff Sovern
by Jeff Sovern A couple of reports on the Consumer Financial Protection Agency proposal that go against type: First. 19 current and former members of the Fed's Consumer Advisory Council, including our own Alan White, have joined in a letter supporting an independent CFPA and opposing housing it in any other federal agency, including the Fed. [read post]
4 Nov 2007, 2:31 pm
by Jeff Sovern For more on the Consumer Product Safety Commission travel issues that Brian blogged about here, an editorial in today's Times, Playing Games With Toy Safety rejects calls for the resignation of Nancy Nord, acting chair of the CPSC, seemingly because the Times fears that "another vacancy might mean that even less would get done. [read post]
26 Mar 2009, 1:19 pm
  See Jeff Sovern, Protecting Privacy with Deceptive Trade Practices Legislation, 69 Fordham L. [read post]
29 Nov 2012, 10:29 am by Jeff Sovern
by Jeff Sovern A new Fannie Mae survey reports that nearly half of lower-income respondents and more than a third of higher-income respondents obtain quotes from only one mortgage lender. [read post]
13 Jul 2011, 12:00 pm by Jeff Sovern
by Jeff Sovern The Sunday Times Haggler column took on lead generation companies in the context of Seattle emergency locksmiths. [read post]
29 Sep 2009, 7:00 am
by Jeff Sovern 74 law professors teaching in areas related to consumer and banking law have joined in a letter supporting creation of the Consumer Financial Protection Agency. [read post]
26 Jan 2010, 3:26 pm by Jeff Sovern
by Jeff Sovern Over the last couple of days, I've blogged about how for adjustable loans, the Fed's Commentary directs lenders to state in the Truth in Lending disclosure statement monthly payment figures that assume that interest rates remain unchanged for decades. [read post]
21 Jul 2008, 11:58 pm
by Jeff Sovern Most courts have rebuffed suits by consumers against companies that suffered data breaches when the consumers could not show that they had been victimized by identity thieves. [read post]
4 Oct 2010, 4:11 pm by Jeff Sovern
by Jeff Sovern The Dodd-Frank Act gives the Consumer Financial Protection Bureau the power to adopt regulations prohibiting deceptive, unfair, and abusive acts, and to bring actions against covered entities that are engaging in such acts. [read post]
18 Apr 2007, 6:42 am
by Jeff Sovern The Washington Post had a story on Sunday about fears that lenders are trolling for potential borrowers through a federal database that contains the financial records of millions of student aid applicants. [read post]
9 Mar 2012, 11:20 am by Jeff Sovern
by Jeff Sovern I've been meaning to blog about an interesting article in The Sunday Times Magazine of a couple of weeks ago with the above-captioned headline. [read post]
9 Sep 2012, 11:14 am by Jeff Sovern
by Jeff Sovern I have been listening to the audio version of Dan Areily's book, The Honest Truth About Dishonesty, and it may shed some light on consumer protection.  Ariely explores the causes and limits of dishonesty.  He reports on a series of experiments that suggest that many people cheat a little, but not so much as they could get away with, or, to put it another way, so much as economists presuming rational behavior would predict they would.  Ariely… [read post]
2 Sep 2009, 2:45 pm
by Jeff Sovern I've been listening to the audio version of New York Times reporter Edmund Andrews' memoir, Busted: Life Inside the Great Mortgage Meltdown (a portion of the book was published in the Sunday Times magazine under the title My Personal Credit Crisis; we blogged about it here). [read post]
27 Apr 2010, 2:04 pm by Jeff Sovern
by Jeff Sovern In ranking law schools, US News takes into account the percentage of students who are employed at graduation and nine months after graduation. [read post]
17 Mar 2008, 6:09 pm
by Jeff Sovern I recently finished Robert B. [read post]
1 Aug 2009, 9:46 am
by Jeff Sovern Opponents of a new Consumer Financial Protection Agency sometimes argue that the power to be given to the proposed CFPAs can be exercised by existing agencies, and so it's not necessary to create a new agency. [read post]
24 Jun 2009, 3:06 am
by Jeff Sovern Once upon a time, in a not-so-distant country, peanut butter sales were regulated in a distinctive way. [read post]
27 Jun 2007, 8:16 pm
by Jeff Sovern Recently I asked a research assistant to review the web sites of several top law schools to see if they offer courses in consumer law. [read post]