CFPB

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16h
Reuters
U.S. consumer agency lays out principles for financial data collectionprinciples express our vision for realizing an innovative market that gives con
Reuters / Posted 16 hours ago
principles express our vision for realizing an innovative market that gives consumers protection and value,” CFPB Director Richard Cordray said in a statement. The principles serve as a blueprint for companies that rely on consumers... Read more
2d
Reuters
U.S. consumer watchdog's enforcement chief to step downto process the implications of the change,” the Journal quoted Jennifer Lee, a
Reuters / Posted 2 days ago
to process the implications of the change,” the Journal quoted Jennifer Lee, a Dorsey & Whitney partner and a former CFPB enforcement official, as saying. Some Republican lawmakers have introduced legislation to weaken and even dismantle the... Read more
2d
The Hill
Lawmakers nearing deal to ease bank regs | EPA to limit settlements with green groups | Trump promises action on drug pricesis one of the consumer agency's fiercest critics. The Education Department can
The Hill / Posted 2 days ago
is one of the consumer agency's fiercest critics. The Education Department cancelled agreements with the CFPB in August, claiming the bureau "unilaterally expand[ed] its oversight role to include the Department's contracted... Read more
2d
The Hill
White House paper touts benefits of tax cuts | GOP senator’s absence puts budget, tax reform on knife’s edge | Cohn: Congress nearing deal to ease bank regulationsfor educational justiceMORE for scaling back her department’s relationship with
The Hill / Posted 2 days ago
for educational justiceMORE for scaling back her department’s relationship with the Consumer Financial Protection Bureau (CFPB).Rep. Jeb Hensarling (R-Texas) in a letter to DeVos on Sunday praised her for ending agreements with the CFPB to assist... Read more
3 related articles
2d
The Hill
Hensarling praises DeVos decision to end partnership with consumer bureauRep. Jeb Hensarling (R-Texas) in a letter to DeVos on Sunday praised her for en
The Hill / Posted 2 days ago
Rep. Jeb Hensarling (R-Texas) in a letter to DeVos on Sunday praised her for ending agreements with the CFPB to assist the department in its crackdown on predatory student lenders. Hensarling, one of the CFPB’s top critics, called DeVos’s decision... Read more
4d
Kansas City InfoZine
Debt-relief Companies, Posing As Federal Government, Sued by CFPB The Consumer Financial Protection Bureau (CFPB) Friday filed suit in federal
Kansas City InfoZine / Posted 4 days ago
The Consumer Financial Protection Bureau (CFPB) Friday filed suit in federal court against two companies operating under the name “FDAA,” a service provider, and their owners for... Read more
4d
New York Post
These Obama appointees could cause another housing collapsegiants set the underwriting standards for the entire mortgage industry. Cordra
New York Post / Posted 4 days ago
giants set the underwriting standards for the entire mortgage industry. Cordray, meantime, has sicced his powerful agency, CFPB, on Equifax, Experian and TransUnion, to help ease credit restrictions on minorities as well. In a recent speech,... Read more
4d
Business Wire
 Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Zillow Group, Inc. of Class Action Lawsuit and Upcoming DeadlineJune 30, 2017. The quarterly report stated that, in April 2017, Zillow receive
Business Wire / Posted 4 days ago
June 30, 2017. The quarterly report stated that, in April 2017, Zillow received a Civil Investigative Demand from the CFPB. On August 8, 2017, Zillow advised investors that the CFPB has concluded its investigation and “has invited us to... Read more
2 related articles
5d
La Prensa San Diego
Nueva Regulación Frena Préstamos AbusivosEsta semana, la Oficina de Protección Financiera al Consumidor (CFPB, por sus s
La Prensa San Diego / Posted 5 days ago
Esta semana, la Oficina de Protección Financiera al Consumidor (CFPB, por sus siglas en inglés) puso en marcha una nueva norma que tiene como objetivo evitar que los prestamistas abusivos atrapen a personas que no puedan pagar sus préstamos. Los... Read more
229 related articles
5d
The Hill
Congress takes Wells Fargo, Equifax to task; now it must acta massive campaign by Wall Street and the financial lobby. Just as important, t
The Hill / Posted 5 days ago
a massive campaign by Wall Street and the financial lobby. Just as important, they must end their craven attacks on the CFPB itself. Credible champions of financial consumers don’t keep voting to slash the funding and authority of the agency... Read more
5d
Juneau Empire
Arbitration rules should stay unchangednegative monetary impact, especially regarding any costly legal matters. Yet,
Juneau Empire / Posted 5 days ago
negative monetary impact, especially regarding any costly legal matters. Yet, the Consumer Financial Protection Bureau (CFPB) is taking away the ability to limit class action litigation. In what’s known widely in Washington as the arbitration... Read more
5d
The Hill
Senate should vacate the harmful consumer banking arbitration ruleand improving the treatment of consumers without creating other significant har
The Hill / Posted 5 days ago
and improving the treatment of consumers without creating other significant harm and increasing costs. In my view, the CFPB has failed to provide the data to support that case and failed to disclose the costs to consumers that will likely... Read more
5d
The Tampa Tribune
For older consumers keen to preserve their savings, report offers a helping handBureau resonates more to me now than it might have a decade ago. The report an
The Tampa Tribune / Posted 5 days ago
Bureau resonates more to me now than it might have a decade ago. The report analyzes specific complaints sent to the CFPB from older consumers nationwide. It's no shock that the 8,469 complaints from older Florida consumers was second in... Read more
6d
NBC Chicago
Seniors Face Increasing Threats From Scammerstaken advantage of,” Scarr said. The Consumer Financial Protection Bureau has
NBC Chicago / Posted 6 days ago
taken advantage of,” Scarr said. The Consumer Financial Protection Bureau has handled more than one million consumer complaints since it opened in 2011. Illinois ranks 27th as far as the number of older Americans filing complaints with th... Read more
6d
New Kerala
Enova Comments on CFPB Small Dollar Rule; Expresses Confidence in Business, Has Concerns About Restrictions on Access to Credit for Millions - newkerala news #280043completed a preliminary assessment of the Small Dollar Rule released yesterday
New Kerala / Posted 6 days ago
completed a preliminary assessment of the Small Dollar Rule released yesterday by the Consumer Financial Protection Bureau (CFPB). Over the past several years, Enova has rapidly diversified its product offerings to meet consumer preferences for... Read more
7d
Detroit Free Press
Payday loans rule could lead to cheaper alternativesthat some payday lenders would expand into longer-term installment loans to off
Detroit Free Press / Posted 7 days ago
that some payday lenders would expand into longer-term installment loans to offer a product that's not covered under the CFPB's rule. As a result, he said, individual states may want to further regulate such loans. Because the payday lending... Read more
3 related articles
8d
The Hill
Payday lending rule may lure in lurking loan sharksThe Consumer Financial Protection Bureau (CFPB) published its final rule addres
The Hill / Posted 8 days ago
The Consumer Financial Protection Bureau (CFPB) published its final rule addressing so-called payday loans as well as certain other extensions of credit to consumers on Thursday. These loans are usually small, very short-term (often just a few weeks)... Read more
3 related articles
8d
The Hill
Consumer bureau’s lending rule will harm the borrowers it wants to helpOn October 5, the Consumer Financial Protection Bureau (CFPB) finalized a rule
The Hill / Posted 8 days ago
On October 5, the Consumer Financial Protection Bureau (CFPB) finalized a rule that will upend the small-dollar lending industry. The final regulation encompasses payday, installment, and automobile title loans, all of which primarily serve consumers... Read more
3 related articles
8d
Market Watch
AFL-CIO asks SEC to investigate Navient for insider tradingbefore the Education Department said it would not cooperate with a separate inv
Market Watch / Posted 8 days ago
before the Education Department said it would not cooperate with a separate investigation of Navient undertaken by the Consumer Financial Protection Bureau. The Trump administration has been at odds with the CFPB and its Democratic-appointed chairm... Read more
9d
Market Watch
These firms may be making it harder for your boss to pay off your debtof the perk. So far, borrowers and third-party administrators of student loan
Market Watch / Posted 9 days ago
of the perk. So far, borrowers and third-party administrators of student loan repayment perks have reported to the CFPB that servicers’ challenges implementing the benefit have reduced its value to workers. According to the report: The... Read more
9d
5KSDK St. Louis
Quiz yourself about the Equifax data breach64,000 in total, but also the number has climbed year after year. Equifax is th
5KSDK St. Louis / Posted 9 days ago
64,000 in total, but also the number has climbed year after year. Equifax is the target of more consumer complaints to the CFPB than any other company, including the other major credit bureaus TransUnion and Experian. And it looks like they're... Read more
3 related articles
10d
The Washington Times
Abuse by the administrative statethat imagine they were established to harass taxpayers. One of these is the Con
The Washington Times / Posted 10 days ago
that imagine they were established to harass taxpayers. One of these is the Consumer Financial Protection Bureau, or the CFPB, one of the toxic vegetables in Washington’s alphabet soup. Protecting the bureau, as the bureau sees it, is Job 1. The... Read more
10d
KERA North Texas
Betsy DeVos' First Semester: A Status Reportthe financial crisis, has taken a lead role in consumer protection for students
KERA North Texas / Posted 10 days ago
the financial crisis, has taken a lead role in consumer protection for students and student loan borrowers. Under Obama, CFPB shared information and cooperated on enforcement with the Education Department. At the end of August, the department... Read more
10d
KPBS San Diego
Betsy DeVos' First Semester: A Status Reportthe financial crisis, has taken a lead role in consumer protection for students
KPBS San Diego / Posted 10 days ago
the financial crisis, has taken a lead role in consumer protection for students and student loan borrowers. Under Obama, CFPB shared information and cooperated on enforcement with the Education Department. At the end of August, the department... Read more
11d
The Scranton Times-Tribune
Right rule on payday loansover at effective rates that sometimes exceed 400 percent. The short-term loans
The Scranton Times-Tribune / Posted 11 days ago
over at effective rates that sometimes exceed 400 percent. The short-term loans become long-term anchors. Until the new CFPB rule, payday lending was regulated solely by the states. The CFPB borrowed on Colorado’s solution, which was to give... Read more
11d
FOX 2 News St. Louis
New payday loan rules: What you need to knowstates have banned them entirely, according to the National Conference of State
FOX 2 News St. Louis / Posted 11 days ago
states have banned them entirely, according to the National Conference of State Legislatures. What’s the controversy? The CFPB argues that most customers who take out payday loans can’t afford them. About four out of five payday loan customers... Read more
52 related articles
11d
FOX 59 Indianapolis
New payday loan rules: What you need to knowstates have banned them entirely, according to the National Conference of State
FOX 59 Indianapolis / Posted 11 days ago
states have banned them entirely, according to the National Conference of State Legislatures. What’s the controversy? The CFPB argues that most customers who take out payday loans can’t afford them. About four out of five payday loan customers... Read more
52 related articles
11d
KPLR 11 St. Louis
New payday loan rules: What you need to knowstates have banned them entirely, according to the National Conference of State
KPLR 11 St. Louis / Posted 11 days ago
states have banned them entirely, according to the National Conference of State Legislatures. What’s the controversy? The CFPB argues that most customers who take out payday loans can’t afford them. About four out of five payday loan customers... Read more
52 related articles
11d
KXLY-TV Spokane
New payday loan rules: What you need to knowThe rules could cripple the industry, which collected about $3.6 billion in fee
KXLY-TV Spokane / Posted 11 days ago
The rules could cripple the industry, which collected about $3.6 billion in fee revenue in 2015, according to the CFPB. Here's what you need to know about payday loans and the new regulations.What are payday loans? Payday loans are... Read more
52 related articles
11d
KRDO Colorado Springs
New payday loan rules: What you need to knowThe rules could cripple the industry, which collected about $3.6 billion in fee
KRDO Colorado Springs / Posted 11 days ago
The rules could cripple the industry, which collected about $3.6 billion in fee revenue in 2015, according to the CFPB. Here's what you need to know about payday loans and the new regulations.What are payday loans? Payday loans are... Read more
52 related articles
11d
FOX 13 Utah
New payday loan rules: What you need to knowstates have banned them entirely, according to the National Conference of State
FOX 13 Utah / Posted 11 days ago
states have banned them entirely, according to the National Conference of State Legislatures. What’s the controversy? The CFPB argues that most customers who take out payday loans can’t afford them. About four out of five payday loan customers... Read more
52 related articles
11d
KESQ Palm Springs
New payday loan rules: What you need to knowThe rules could cripple the industry, which collected about $3.6 billion in fee
KESQ Palm Springs / Posted 11 days ago
The rules could cripple the industry, which collected about $3.6 billion in fee revenue in 2015, according to the CFPB. Here's what you need to know about payday loans and the new regulations.What are payday loans? Payday loans are... Read more
52 related articles
11d
KTXS Abilene
New payday loan rules: What you need to knowThe rules could cripple the industry, which collected about $3.6 billion in fee
KTXS Abilene / Posted 11 days ago
The rules could cripple the industry, which collected about $3.6 billion in fee revenue in 2015, according to the CFPB. Here's what you need to know about payday loans and the new regulations.What are payday loans? Payday loans are... Read more
52 related articles
11d
KECI Missoula
New payday loan rules: What you need to knowThe rules could cripple the industry, which collected about $3.6 billion in fee
KECI Missoula / Posted 11 days ago
The rules could cripple the industry, which collected about $3.6 billion in fee revenue in 2015, according to the CFPB. Here's what you need to know about payday loans and the new regulations.What are payday loans? Payday loans are... Read more
52 related articles
11d
KRBC Abilene & KTAB Abilene
New payday loan rules: What you need to knowThe rules could cripple the industry, which collected about $3.6 billion in fee
KRBC Abilene & KTAB Abilene / Posted 11 days ago
The rules could cripple the industry, which collected about $3.6 billion in fee revenue in 2015, according to the CFPB. Here's what you need to know about payday loans and the new regulations.What are payday loans? Payday loans are... Read more
52 related articles
11d
WCYB 5 Tri-Cities
New payday loan rules: What you need to knowThe rules could cripple the industry, which collected about $3.6 billion in fee
WCYB 5 Tri-Cities / Posted 11 days ago
The rules could cripple the industry, which collected about $3.6 billion in fee revenue in 2015, according to the CFPB. Here's what you need to know about payday loans and the new regulations.What are payday loans? Payday loans are... Read more
52 related articles
11d
KRCR TV Redding
New payday loan rules: What you need to knowThe rules could cripple the industry, which collected about $3.6 billion in fee
KRCR TV Redding / Posted 11 days ago
The rules could cripple the industry, which collected about $3.6 billion in fee revenue in 2015, according to the CFPB. Here's what you need to know about payday loans and the new regulations.What are payday loans? Payday loans are... Read more
52 related articles
12d
CBS 6 Richmond
Wells Fargo wrongly hit homebuyers with fees to lock in mortgage ratesripping off mom-and-pop businesses by overcharging them for processing credit c
CBS 6 Richmond / Posted 12 days ago
ripping off mom-and-pop businesses by overcharging them for processing credit card transactions. Patricia McCoy, a former CFPB mortgage official, said the disclosure about the mortgage rate fees fits a pattern. “Wells Fargo had a business model,... Read more
12d
KERA North Texas
Consumer Watchdog Proposes New Rules On Payday Lendersforces them to close their accounts. "Too often, borrowers who need quick cash
KERA North Texas / Posted 12 days ago
forces them to close their accounts. "Too often, borrowers who need quick cash end up trapped in loans they can't afford," CFPB Director Richard Cordray said in a statement. "The rule's common-sense ability-to-repay protections prevent lenders from... Read more
52 related articles
12d
KPBS San Diego
Consumer Watchdog Proposes New Rules On Payday Lendersforces them to close their accounts. "Too often, borrowers who need quick cash
KPBS San Diego / Posted 12 days ago
forces them to close their accounts. "Too often, borrowers who need quick cash end up trapped in loans they can't afford," CFPB Director Richard Cordray said in a statement. "The rule's common-sense ability-to-repay protections prevent lenders from... Read more
52 related articles
12d
CBS 58 Milwaukee
Federal agency cracks down on payday lendersloan repeatedly. The rules would set limits on the number of times a borrower c
CBS 58 Milwaukee / Posted 12 days ago
loan repeatedly. The rules would set limits on the number of times a borrower could renew the loan. Because studies by the CFPB have found that about 60 percent of all loans are renewed at least once, this cap is likely to severely wound the... Read more
52 related articles
12d
Kansas City InfoZine
CFPB to Stop Payday Debt TrapsThe Consumer Financial Protection Bureau (CFPB) finalized a rule that is aimed
Kansas City InfoZine / Posted 12 days ago
The Consumer Financial Protection Bureau (CFPB) finalized a rule that is aimed at stopping payday debt traps by requiring lenders to determine upfront whether people can afford to repay their loans. These strong, common-sense protections cover loans... Read more
52 related articles
12d
The Champaign News-Gazette
Federal regulator clamps down on payday lending industryloan repeatedly. The rules would set limits on the number of times a borrower c
The Champaign News-Gazette / Posted 12 days ago
loan repeatedly. The rules would set limits on the number of times a borrower could renew the loan. Because studies by the CFPB have found that about 60 percent of all loans are renewed at least once, that 22 percent of all loans are renewed at... Read more
52 related articles
13d
Inquirier.net
LOOK: Monopoly Man comes to life, attends US Senate hearingfor Financial Reform Executive Director Lisa Donner is optimistic that the US C
Inquirier.net / Posted 13 days ago
for Financial Reform Executive Director Lisa Donner is optimistic that the US Consumer Financial Protection Bureau (CFPB) will give consumers justice against forced arbitration moves. “The CFPB has restored people’s right to take Wall... Read more
71 related articles
13d
Newswise
University of Utah S.J. Quinney College of Law Prof. Christopher Peterson available to comment on new rules to restrict payday lending debt traps— Newly announced restrictions on payday lending unveiled Thursday by the feder
Newswise / Posted 13 days ago
— Newly announced restrictions on payday lending unveiled Thursday by the federal Consumer Financial Protection Bureau (CFPB) are expected to help crack down on an industry that profits from high-interest loans given to low-income Americans from... Read more
52 related articles
13d
KRBC Abilene & KTAB Abilene
Federal agency cracks down on payday lendersloan repeatedly. The rules would set limits on the number of times a borrower c
KRBC Abilene & KTAB Abilene / Posted 13 days ago
loan repeatedly. The rules would set limits on the number of times a borrower could renew the loan. Because studies by the CFPB have found that about 60 percent of all loans are renewed at least once, this cap is likely to severely wound the... Read more
52 related articles
13d
WFMJ Youngstown
Federal regulator clamps down on payday lending industryrenew the loan repeatedly. The rules would set limits on the number of times a
WFMJ Youngstown / Posted 13 days ago
renew the loan repeatedly. The rules would set limits on the number of times a borrower could renew. Because studies by the CFPB have found that about 60 percent of all loans are renewed at least once and that 22 percent of all loans are renewed at... Read more
52 related articles
13d
WREG-TV Memphis
Federal regulator clamps down on payday lending industryrenew the loan repeatedly. The rules would set limits on the number of times a
WREG-TV Memphis / Posted 13 days ago
renew the loan repeatedly. The rules would set limits on the number of times a borrower could renew. Because studies by the CFPB have found that about 60 percent of all loans are renewed at least once and that 22 percent of all loans are renewed at... Read more
52 related articles
13d
The Hill
NRA gives ground on bump stocks | Consumer agency issues payday lending rule | Feds weigh changes to sage grouse plan |lobbyist tapped for EPA No. 2rule Thursday that's meant to protect short-term, high-interest loan customers
The Hill / Posted 13 days ago
rule Thursday that's meant to protect short-term, high-interest loan customers from being trapped with debt. The CFPB's action targets lenders that offer small loans with short payback timeframes and interest rates, often called "payday"... Read more
13d
KCTV 5 Kansas City
Washington takes on payday loan industryrenew the loan repeatedly. The rules would set limits on the number of times a
KCTV 5 Kansas City / Posted 13 days ago
renew the loan repeatedly. The rules would set limits on the number of times a borrower could renew. Because studies by the CFPB have found that about 60 percent of all loans are renewed at least once and that 22 percent of all loans are renewed at... Read more
52 related articles
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