Banking lawyers uneasy about national loan data collection 
By:
Sylvia Hsieh
Published: May 7, 2013
Tags: CFPB, Consumer Financial Protection Bureau, Federal Housing Finance Agency, Richard Cordray
Recent Senate hearings have sparked renewed debate over a national mortgage database that will hold information about millions of mortgage, credit card and auto loans, loan terms, borrowers’ credit profiles and financial information.
Obama administration asks Supreme Court to reverse recess appointment ruling
Published: April 26, 2013
Tags: Congress, Consumer Financial Protection Bureau, NLRB, recess appointments, U.S. Supreme Court, White House
WASHINGTON – Saying that the ruling unduly restricts presidential authority, the Obama administration has asked the U.S. Supreme Court to strike down a federal appellate court decision invalidating last year’s recess appointments to the National Labor Relations Board.
FTC touts actions against abusive debt collectors
Published: February 25, 2013
Tags: Consumer Financial Protection Bureau, consumer protection, debt collection, Fair Debt Collection Practices Act, Federal Trade Commission
Over the past 12 months, the Federal Trade Commission has brought or resolved cases against four debt collectors that allegedly used deceptive or abusive tactics to intimidate consumers, according to a new report by the agency.
CFPB issues new mortgage rules
Published: January 11, 2013
Tags: Consumer Financial Protection Bureau, Dodd-Frank Wall Street Reform and Consumer Protection Act, fedearl agency, Home Ownership and Equity Protection Act, mortgage rules
WASHINGTON – The Consumer Financial Protection Bureau has issued new rules designed to boost high-cost mortgage borrowers’ protections and provide them with better information and resources.
CFPB, FTC join to target deceptive mortgage ads
Published: November 27, 2012
Tags: Consumer Financial Protection Bureau, deceptive marketing, Federal Trade Commission, mortgage lending
WASHINGTON – Two federal agencies have joined together to beef up investigations and enforcement actions against companies who engage in fraudulent advertising under the Mortgage Acts and Practices Advertising Rule and the Federal Trade Commission Act.
Lawyers to face CFPB oversight for debt collection
Published: November 8, 2012
Tags: CFPB, Consumer Financial Protection Bureau, debt collection
Some lawyers engaging in debt collection will now be supervised by the Consumer Financial Protection Bureau pursuant to a new rule promulgated by the agency.
It will be the first time lawyers are subject to oversight by a federal agency.
New federal study makes case for student loan relief
Published: August 3, 2012
Tags: Bankruptcy Code, CFPB, Consumer Financial Protection Bureau, Department of Education, Dodd-Frank Wall Street Reform and Consumer Protection Act, federal loans, student loan debt, student loans, TILA, Truth in Lending Act
A new federal study recommends changes in consumer protection and bankruptcy law to provide relief for those Americans saddled with a share of the country’s $1 trillion in student loan debt, largely blaming private lenders for the problem.
CFPB’s first civil complaint aimed at law firm
Published: August 2, 2012
Tags: Consumer Financial Protection Act, Consumer Financial Protection Bureau, mortgage modification
WASHINGTON – In its first ever civil enforcement action, the Consumer Financial Protection Bureau has charged a law firm with bilking clients who sought help with their mortgage payment plans to avoid losing their homes.
CFPB proposes new mortgage disclosures rules
Published: July 24, 2012
Tags: Consumer Financial Protection Bureau, mortgage
WASHINGTON – In an extension of its “Know Before You Owe” mortgage project, the Consumer Financial Protection Bureau has proposed new requirements for mortgage disclosure forms.
Several groups file suit challenging CFPB’s authority
Published: June 22, 2012
Tags: Competitive Enterprise Institute, Consumer Financial Protection Bureau, Dodd-Frank Wall Street Reform and Consumer Protection Act, federal court
WASHINGTON – Several organizations have filed a federal lawsuit challenging the constitutionality of the provisions of the Dodd-Frank financial reform law that created a consumer watchdog agency with broad authority to regulate mortgages, credit cards and other consumer financial products from banks and nonbanks.
