Tag Archives: CFPB

Petition Submitted Urging CFPB to Rescind Debt Collection Rule

A petition has been submitted to the Consumer Financial Protection Bureau — allegedly signed by 177,000 people — urging the regulator to rescind Regulation F, its debt collection rule. The petition was submitted by Consumer Reports, the advocacy organization, as part of the comment process to the CFPB’s proposal to …

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RMAI Opposes Delay of Regulation F

RMA International sees no reason the effective date of Regulation F — the Consumer Financial Protection Bureau’s debt collection rule — needs to be delayed for 60 days as proposed by the regulatory, because its members will be ready to comply with the rule on November 30, as originally proposed. …

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CFPB Sued Over FDCPA Eviction Rule

The Consumer Financial Protection Bureau is being sued over an interim final rule it issued saying that collectors may face prosecution under the Fair Debt Collection Practices Act for not providing written notices to individuals being evicted, with plaintiffs claiming their First Amendment rights under the Constitution are being violated …

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CFPB Publishes County-by-County Breakdown of Consumer Complaints

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There appears to be a racial component to consumer complaints filed with the Consumer Financial Protection Bureau, according to data released yesterday by the regulator, including complaints related to debt collection. Overall, consumers living in counties with the highest percentage of minority populations submitted four times as many complaints as …

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