Tag Archives: CFPB

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H. Bedard, Jr., or call (678) 253-1871. Every week, …

The Consumer Financial Protection Bureau has released a series of guidelines for companies in the financial services industry when dealing with individuals for whom English may not be their primary language. The guidelines echo a similar rule that was enacted last year in New York City, but stop short of …

The change in control of the Senate means that there will be a new Sherrod in town in charge of the committee that most directly deals with debt collections, and Sen. Sherrod Brown [D-Ohio], the new chairman of the Senate Banking Committee, met with reporters yesterday to outline his agenda …

Be part of the solution, not the problem, the old saying goes. The Consumer Financial Protection Bureau is giving participants in the debt collection industry the opportunity to be part of the solution, but only if they are willing to do the work required to participate. The CFPB announced yesterday …

One of my favorite TV shows of all time is “The West Wing.” I have re-watched the series multiple times and can tell you what happens in just about any episode. In one episode, the staff is debating the best way to stimulate the economy and the president says, “… …

A task force convened by the Consumer Financial Protection Bureau that was charged with “modernizing” consumer protection laws is due to release its report tomorrow, with as many as 100 different recommendations. The CFPB is hosting an online meeting tomorrow at 1pm ET to share the “findings, analyses, and recommendations” …

I’m thrilled to announce that Bedard Law Group is the new sponsor for the Compliance Digest. Bedard Law Group, P.C. – Compliance Support – Defense Litigation – Nationwide Complaint Management – Turnkey Speech Analytics. And Our New BLG360 Program – Your Low Monthly Retainer Compliance Solution. Visit www.bedardlawgroup.com, email John H. Bedard, Jr., or call (678) 253-1871. Every week, …

In a battle that has been to the Supreme Court and back, the Court of Appeals for the Ninth Circuit yesterday reaffirmed a District Court ruling that grants a petition from the Consumer Financial Protection Bureau seeking to enforce a civil investigative demand letter that was sent to a law …

The Consumer Financial Protection Bureau yesterday announced it had issued a consent order against Santander Consumer USA, accusing it of violating the Fair Credit Reporting Act by furnishing accurate information to credit reporting agencies and fining the nonprime auto lender $4.75 million. A copy of the consent order is available …

The Consumer Financial Protection Bureau today released Part II of its debt collection rule, providing guidance on sending validation notices and disclosures related to collecting time-barred debt. The rule, all 354 pages of it, can be accessed by clicking here. An executive summary of what was released today can be …