On the Web Sue the Bank? You May Get Your Shot - Wall St. Journal - "The Consumer Financial Protection Bureau is moving toward new rules giving borrowers more rights to sue banks and credit-card companies..." On the Wires Non-Cash Payments...Show More Summary
The Consumer Financial Protection Bureau is considering a rule that would prohibit consumer credit firms from requiring customers to sign away their right to sue.
The Consumer Financial Protection Bureau is to propose rules to stop companies from barring customers from filing class-action suits as a condition of getting credit cards.
A day nearly two years in the making is finally here: The Consumer Financial Protection Bureau’s (CFPB) TILA-RESPA Integrated Disclosure rule -- which has come to be known as “TRID,” but the bureau prefers that people begin to think of it as the “Know Before You Owe” rule -- formally takes effect on Saturday, Oct....
Updated rules from the Consumer Financial Protection Bureau are intended to facilitate borrowers’ attempts to review and compare several loan offers.
For the second time this week, the Consumer Financial Protection Bureau has flexed its muscles when it comes to reining in unscrupulous indirect auto loan financiers. Just days after taking action against Fifth Third Bank for auto-lending...Show More Summary
Some servicers may not tell borrowers about easier payments plans unless they specifically ask, according to a report from the federal Consumer Financial Protection Bureau.
WASHINGTON -- Several House Democrats are preparing to join a GOP assault on the Consumer Financial Protection Bureau -- the agency designed by Sen. Elizabeth Warren to defend households from predatory lending. Republicans hope to hamstring the CFPB by replacing its director with a bipartisan five-member commission. Show More Summary
Starting Saturday, the real-estate industry will be subject to new disclosure rules, courtesy of the Dodd-Frank law and the Consumer Financial Protection Bureau. Lenders will be required to make transparent and complete disclosure of the terms of mortgages — including all costs and fees. This information was sorely lacking during the boom in the 2000s. Residential...Read More
The federal Consumer Financial Protection Bureau said Tuesday it is weighing new rules governing the $1.3 trillion student loan market after releasing a stinging report documenting "widespread failures" in an industry largely overseen...Show More Summary
Earlier this year, the Consumer Financial Protection Bureau launched a public probe into potentially anti-consumer practices of the student loan servicing industry. More than 30,000 people responded, leading the Bureau, along with the...Show More Summary
The Consumer Financial Protection Bureau says borrowers are reporting widespread problems with the companies servicing their student loans. Continue reading ? The post Consumer agency will consider industry rules to better manage student loans appeared first on PBS NewsHour.
A New Jersey-based bank has agreed to pay a $33 million settlement after it was found to have engaged in discriminatory lending. According to the Department of Justice and The Consumer Financial Protection Bureau, Hudson City Savings...Show More Summary
Ben Carson, second only to Donald Trump in Republican presidential polling, has called the Consumer Financial Protection Bureau the "ultimate example of regulatory overreach."
The Consumer Financial Protection Bureau also ordered the Encore Capital Group and Portfolio Recovery Associates to pay penalites and stop collections on some debt..
The Consumer Financial Protection Bureau (CFPB)’s campaign against disparate impact in car loans is raising costs for some borrowers. Thanks, Sen. Warren! “The results highlight the sometimes unpredictable consequences of attempts to regulate lending practices…. Show More Summary
The Consumer Financial Protection Bureau also may begin flexing its authority Enterprise FTC cybersecurity Consumer Financial Protection Bureau Ballard Spahr Wyndham hotels data-security Section 5
Heading into the home stretch of 2015, which will be marked by significant changes brought about by the Consumer Financial Protection Bureau’s (CFPB) highly anticipated TILA-RESPA Integrated Disclosures (TRID) rule and a potential Fed interest rate hike, mortgage industry professionals are carrying around a great deal of optimism for the near term. Show More Summary
The Consumer Financial Protection Bureau has released its latest report on the various complaints the agency has received about banks, lenders, debt collectors, and other financial services. Amid a sudden increase in the number of complaints...Show More Summary
Federal regulators are considering suing Navient Corp., the nation's largest student loan company, for allegedly cheating borrowers, the company said Monday. The Consumer Financial Protection Bureau, which has been investigating the company for nearly two years, sent Navient a letter on Aug. Show More Summary