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23 results found

Article

Foley & Lardner LLP | USA | 3 Sep 2014

Credit card issuers beware: CFPB fires warning shot on promotional APRs

Who could possibly object to zero or low promotional interest rates offered for convenience checks, balance transfers or new purchases? The Consumer

Article

Foley & Lardner LLP | USA | 16 Jul 2014

CFPB proposes public disclosure of consumer complaint narratives

Will the CFPB start disclosing consumers' gripes and rants? Would it provide endless hours of salacious reading, like complaints posted on popular

Article

Foley & Lardner LLP | USA | 12 Feb 2014

CFPB finalizes rule on awards of expenses, attorneys fees to prevailing parties in adversary proceedings

As previously noted on this blog, the Consumer Financial Protection Bureau (CFPB) issued an interim final rule in June 2012 to implement the Equal

Article

Foley & Lardner LLP | USA | 7 Feb 2014

CFPB prepares to overhaul Home Mortgage Disclosure Act rules

The Consumer Financial Protection Bureau (CFPB) is preparing to make significant revisions to the regulations promulgated under the Home Mortgage

Article

Foley & Lardner LLP | USA | 27 Jan 2014

CFPB proposes new “larger participants” rule for non-bank international money transmitters

The Consumer Financial Protection Bureau (CFPB) has proposed a new rule to define "larger participants" of the market for non-Bank International

Article

Foley & Lardner LLP | USA | 10 Apr 2013

Hanging out to air: CFPB expands Consumer Complaint Database

The Consumer Financial Protection Board (CFPB) recently expanded its existing Consumer Complaint Database to cover additional consumer financial

Article

Foley & Lardner LLP | USA | 25 Jan 2013

CFPB powers could be invalidated following ruling on NLRB recess appointments

Under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act), which established the Bureau, the Bureau was to obtain

Article

Foley & Lardner LLP | USA | 25 Jan 2013

Cordray renominated as Bureau’s director, but court ruling jeopardizes his recess appointment and Bureau’s powers

It's been the best of times and the worst of times for Richard Cordray this week. First, President Obama renominated Cordray to be the Consumer

Article

Foley & Lardner LLP | USA | 6 Aug 2012

Party crashers: CFPB files amicus briefs in private lawsuits, seeks referrals

Since late 2011, the Consumer Financial Protection Bureau has been quietly filing amicus curiae (or friend-of-the-court) briefs in some federal appellate cases brought by private litigants.

Article

Foley & Lardner LLP | USA | 4 Jun 2012

Bureau and prudential banking regulators to coordinate certain supervisory activities

The Consumer Financial Protection Bureau (the Bureau) recently entered into a Memorandum of Understanding on Supervisory Coordination (the MOU) with the Board of Governors of the Federal Reserve System (the Federal Reserve Board), the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency (collectively, the Prudential Regulators).

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