Tag Archives: CFPB

CFPB Task Force to Release Report Tomorrow

CFPB Logo

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” …

Read More »

Compliance Digest – January 4

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, …

Read More »

Ninth Circuit Affirms Ruling for CFPB in Seila Law Case

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 …

Read More »

CFPB Fines Santander $4.75M for FCRA Violations

CFPB Logo

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 …

Read More »

Nearly 500 More Anti-Rule Comments Filed By Consumers

As the deadline to submit comments about the Consumer Financial Protection Bureau’s proposed debt collection rule inches closer, a new crop of comments have been published that oppose the provisions proposed by the CFPB, more than likely stemming from the efforts of a consumer advocacy group. More than 450 identical …

Read More »

CFPB Fines Collector $236k For Violating FDCPA

CFPB Logo

The Consumer Financial Protection Bureau yesterday announced a settlement with a debt collector regarding alleged violations of the Fair Debt Collection Practices Act, which will require the collector to pay $236,800 in fines and restitution. A copy of the consent order between the CFPB and Financial Credit Service, Inc., which …

Read More »
X