Discover a new way to find and share stories you'll love… Learn about Reading Desk

Trend Results : Consumer Financial Protection

Related Searches

Blog Post Results (1-20 of 2233)


Captives To Face CFPB Oversight

New rules being announced by the Consumer Financial Protection Bureau would mean that the captive finance arms would be subject to oversight from the CFPB. Automotive News reports that the CFPB will now have jurisdiction over “nonbank...Show More Summary

CFPB Proposes Rule To Oversee Automakers’ Financial Units, Stop Discriminatory Lending

The lending arms for national car dealers, such as Ford and Toyota, may soon have to answer to federal regulators. The Consumer Financial Protection Bureau released a proposed rule that would give the agency oversight of automakers’ financing units in a step to prevent discrimination and other harmful practices. Under the proposed rule [PDF] the Bureau would extend … [More]

Consumer Finance Agency Seeks to Broaden Oversight Over Auto Loans

The Consumer Financial Protection Bureau wants to extend its authority to include 38 non-bank auto lenders that provided financing to 6.8 million consumers last year.

U.S. consumer bureau sues Corinthian, alleging predatory lending

The U.S. Consumer Financial Protection Bureau sued Corinthian Colleges Inc. on Tuesday, alleging that the ailing Orange County for-profit college operator deceived tens of thousands of students through an "illegal predatory lending scheme."

Corinthian Colleges sued for predatory lending

Corinthian Colleges is being sued by the federal Consumer Financial Protection Bureau for what it calls a "predatory lending scheme."

Feds Sue Corinthian Colleges For Allegedly Predatory Loan Scheme

Things are looking decidedly worse for Corinthian Colleges Inc. The Consumer Financial Protection Bureau filed a lawsuit against the already under-fire for-profit education company for its allegedly illegal predatory lending scheme. According...Show More Summary

Headline News from - September 12, 2014

On the Web: Consumer Financial Protection Regulations: How Do They Measure Up? - Payment Cards Center of the Federal Reserve Bank of Philadelphia - "The Payment Cards Center's September 2012 policy conference advanced the discussionShow More Summary

CFPB Forced Arbitration Study To Go Foward As Consumer Survey Approved

Great news Monday. The Consumer Financial Protection Bureau can finally continue a crucial study on the effects of forced arbitration on consumers. Under the Dodd Frank Act, the CFPB has to complete a study as to whether the use of forced arbitration clauses by lenders is harmful to consumers. If the Bureau finds that forced […]

Consumer Financial Protection Bureau: Bitcoin a ‘Wild West’ for Consumers

“The CFPB will use the complaints to help enforce federal consumer financial laws and, if appropriate, take policy steps.”

Pssst...Hey Mac, You Wanna Know A Secret On How To Delay Your Foreclosure?

The Consumer Financial Protection Bureau or CFPB has a website that most homeowners don't know about that allows you to file a complaint against your mortgage lender or mortgage servicer.

CFPB Warns Consumers That Some Credit Card Companies Aren’t Disclosing Risks Of Promotional Offers

With a plethora of credit cards on the market, consumers may be drawn to companies and banks that offer the best promotion at any give time. While those deals might seem like a steal at first, the Consumer Financial Protection Bureau is concerned that companies aren’t clearly disclosing the costs and risks of those offers in a way that consumers … [More]

Racism, sexism, discrimination reported at federal agency

Employees from the U.S. Consumer Financial Protection Bureau, America's newest federal agency and pet project of Democratic Senator Elizabeth Warren of Massachusetts, are seeking protection from "racially offensive, sexist, or discriminatory behavior," according to internal agency documents and interviews obtained by the Washington Times. Show More Summary

CFPB: Company Should Pay $7M For Processing Illegal Fees For Debt-Relief Services

Charging up front for debt-relief services without any actual results for the customer is illegal. But despite that, says the Consumer Financial Protection Bureau, a payment processing company processed millions of dollars worth of illegal fees from consumers. As a result, the CFPB says in its complaint today that it wants a federal district court to give the okay to … [More]

What Do Banks Have to Hide From CFPB's Efforts to 'Make the Market for Credit Work Better'?

This month, two different but powerful Wall Street bank lobbies launched self-serving attacks on the Consumer Financial Protections Bureau's most recent efforts to make banking markets more transparent. What do the banks have to hide? The...Show More Summary

SHOCKER: Revolving door at regulator CFPB enables former bureaucrats to cash in at taxpayers’ expen…

SHOCKER: Revolving door at regulator CFPB enables former bureaucrats to cash in at taxpayers’ expense. Peter Carroll helped shape the mortgage regulations at the Consumer Financial Protection Bureau until this spring. Now, Carroll is senior vice president of capital markets at Wells Fargo Home Mortgages, the largest private mortgage lender in the country. Carroll’s colleague, [...]

This auto finance company’s ‘flawed computer system’ may have hurt thousands of people’s credit scores

The Consumer Financial Protection Bureau announced a $2.75 million settlement with Texas-based First Investors Financial Services Group on Wednesday. The agency says the auto finance company knowingly and "systematically" provided inaccurate...Show More Summary

Financial Innovation Is Taking Off Again

By John M. Mason: Sure, we have the Dodd-Frank Wall Street Reform and Consumer Protection Act on the books. It was signed into law on July 21, 2010. It was out-of-date before it even was totally put together. I wrote about this as early as 2009. Show More Summary

Getting the Message Across

This past weekend I've immersed myself in two David vs Goliath stories. The first is Elizabeth Warren's book A Fighting Chance. The formation of the Consumer Financial Protection Bureau -- a new government agency with some teeth to prevent...Show More Summary

Cryptocurrencies From a Historical Perspective

The Consumer Financial Protection Bureau (CFPB) has unparalleled powers over nearly every consumer financial product and service. Given that virtual currencies can serve as a form of electronic money, the CFPB has, predictably, decided...Show More Summary

eBay is in talks about accepting Bitcoin payments

Bitcoin’s value recently fell below $500, but it quickly recovered. The exact cause has yet to be determined, but a recent warning issued by the Consumer Financial Protection Bureau (CFPB) is one of the probable reasons for its abrupt decline … Continue reading ?

Copyright © 2011 Regator, LLC