Government shutdown costs continue to accumulate In an interview with FNC’s Neil Cavuto, Sen. Rand Paul reacts to the possibility of another interest rate hike from the Federal Reserve and explains why a government shutdown isn’t the end of the.
Two leading banking trade groups are not pleased with the Consumer financial protection bureau’s proposal to make public unverified consumer complaints against financial institutions.The Mortgage Bankers Association and the National Association of Federal Credit Unions say they believe making the CFPB’s consumer complaint database public wouldn’t serve consumers or financial institutions.
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The Consumer Financial Protection Bureau (CFPB) has decided to go forward with a controversial plan to publish narrative complaints from consumers on its database. The agency will now allow consumers to write up their bad experiences with financial institutions in full, which can be read by the public on the CFPB’s complaint database.
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Since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act, (Dodd-Frank Act), Gibson Dunn has been monitoring regulatory developments that affect our clients, including developments at the Consumer Financial Protection Bureau (CFPB or the Bureau). In this alert, we provide an in-depth analysis of the CFPB’s enforcement actions to date in order [.]
2018 Women of Influence: Rosanne Mallett The annual "Women of Influence 2018," list has been released and on it are 85 of the most accomplished, most successful and most influential women in the housing and finance industry according to HousingWire.
View Full Document as PDF The Consumer Financial Protection Bureau (CFPB) should be abolished. In its current form, it undermines the constitutional principle of checks and balances. If Congress wishes to establish an agency to oversee consumer financial issues, it should start again from scratch, acting in a manner that respects fundamental constitutional principles.
The CFPB requests public comment on a wide variety of topics to inform our work. These requests can include: proposed rules, requests for information, and Paperwork Reduction Act notices that give the public an opportunity to comment on certain planned or existing reporting, record keeping, and disclosure requirements.
The Consumer Financial Protection Bureau (Bureau) released today the results of a pilot study, Planning for tax-time savings, launched with the tax preparation company H&R Block that shows that simple messages encouraging customers to use their prepaid card to save at tax time increased the likelihood that they would do so.
NAR: Buyer traffic up 29% from a year ago A year ago, smartphone plays outnumbered tablet plays nearly 5X. Cisco, in its latest Visual Networking Index, forecast a further 8X increase of mobile traffic by 2020, saying it expected video to comprise 75% of all Internet traffic by then.
Don’t be afraid of accountability: Make bank complaints public. In 2012 it started collecting complaints from consumers against financial. but now the CFPB wants to make that public as.