Wasting no time after returning from a two-week recess, the US Senate Committee on Banking, Housing, and Urban Affairs (the Committee) is holding two full committee hearings this week to discuss consumer financial services and the Consumer Financial Protection Bureau (CFPB).
On March 22, the Consumer Financial Protection Bureau (CFPB) announced on its website that it has issued its annual summary and analysis of the 19,000 complaints it received from servicemembers last year, titled “ Servicemembers 2015: A Year in Review .” The CFPB’s report provides aggregate statistics concerning the sources, subject matters, resolutions, and financial products involved in those complaints.
The Consumer Financial Protection Bureau (CFPB) has taken two notable steps that signal a new interest in regulating marketplace, or “peer-to-peer,” lending.
In the spirit of the new year, we decided to take our Ouija board out of the attic and venture a few predictions for 2016 in financial services regulation.
As the Consumer Financial Protection Bureau (CFPB) completes its fifth year as a fully operating entity in 2016, distinct enforcement patterns have emerged that can assist businesses and individuals that have or may become targets of the agency in assessing penalties and their impact should they elect to settle with the CFPB.
The California Department of Business Oversight (DBO) has launched an inquiry into the increasingly popular marketplace lending industry.
Not every significant action taken by the federal banking agencies is accompanied by great fanfare.
The Consumer Financial Protection Bureau (CFPB) has issued its latest monthly report summarizing complaints made by the public to the CFPB regarding bank account and service issues.
On October 15, 2015, the Consumer Financial Protection Bureau (CFPB) released the anticipated final rule amending Regulation C , 12 C.F.R.
The long-awaited and somewhat delayed TILA-RESPA Integrated Disclosure Rule took effect on October 3. The new rule requires mortgage lenders to use a new, integrated disclosure form and comply with new rules regarding disclosures and timing of the same.