Latest Consumer Financial Protection Bureau Stories

I.C. System, Inc. announced that it has completed a proactive business assessment in preparation for the federal supervision of accounts receivable management companies by the Consumer Financial Protection Bureau (CFPB). The self-commissioned assessment and advisory review process began during the month of January and a final report was issued in April, 2013. St. Paul, MN (PRWEB) May 14, 2013 As an enhancement to an already comprehensive collection agency compliance program, I.C. System...

Recommendations Would Better Protect Older Americans from Financial Exploitation WASHINGTON, April 18, 2013 /PRNewswire-USNewswire/ -- Certified Financial Planner Board of Standards, Inc. (CFP Board) today urged federal and state policymakers to swiftly adopt recommendations made by the Consumer Financial Protection Bureau to prevent the misuse of senior designations, certifications and titles used by individuals working in the financial services industry. "These recommendations...

RA'ANANA, Israel, February 12, 2013 /PRNewswire/ -- NICE Systems (NASDAQ: NICE) announced today it will share its expertise on how to meet Consumer Financial Protection Bureau (CFPB) requirements at an executive breakfast at the Mondrian SoHo in New York City on February 19, 2013. Company experts and industry guest speakers will discuss best practices for adhering to regulations recently enforced by the CFPB, as well as audit-readiness. NICE will present its solution for...

KEL Credit Repair is backed by legal professionals with full knowledge of the laws that regulate the credit and debt collection industry. For more information on credit repair or debt collection practices, contact KEL Credit Repair, (888) 552-3655. Orlando, Florida (PRWEB) January 18, 2013 As reported by the CFPB on its consumer website, http://www.consumerfinance.gov, the Consumer Financial Protection Bureau recently published a ruling that will allow the federal agency to oversee...

PRINCETON, N.J., Oct. 4, 2012 /PRNewswire-iReach/ -- Digital Firefly Marketing (Digital Firefly) (http://digitalfireflymarketing.com), a leading provider of online marketing services is pleased to announce they have been selected to support the online recruitment efforts for the Consumer Financial Protection Bureau (CFPB). To attract qualified candidates to CFPB employment opportunities, Digital Firefly will lead a high profile marketing campaign utilizing LinkedIn's cutting-edge...

WASHINGTON, Sept. 25, 2012 /PRNewswire-USNewswire/ -- "We applaud the Consumer Financial Protection Bureau's credit score report that was released today. We think it puts an end to the debate over the value of educational scores versus those scores lenders use," said Stuart K. Pratt, president and CEO of the Consumer Data Industry Association. The CFPB study concluded that "correlations across the results of the scoring models were high." As a result, it determined "that for a...

Rapid Recovery Solution, Inc., a New York collection agency, comments on the unveiling of a new online tool for student loan borrowers by the Consumer Financial Protection Bureau. Bohemia, NY (PRWEB) July 27, 2012 On July 27, 2012, collection agency, Rapid Recovery Solution, Inc. comments on the Consumer Financial Protection Bureau (CFPB) releasing a new Student Loan Collection Assistant to aid student loan borrowers or debtors at risk of or currently facing default student loans....

Updated Edition Includes the Latest Regulatory Developments under the Cordray-led CFPB NEW YORK, July 16, 2012 /PRNewswire-USNewswire/ -- Practising Law Institute and Dykema Gossett PLLC announce the release of the Consumer Financial Services Answer Book 2012-13. This revised and updated edition, published by PLI and authored by the lawyers at Dykema, explores the core federal laws that govern consumer credit, and includes a detailed description of the increasingly powerful Bureau of...

MINNEAPOLIS, March 28, 2012 /PRNewswire-USNewswire/ -- ACA International, the Association of Collection and Credit Professionals, believes the 2011 complaint data in the Consumer Financial Protection Bureau's (CFPB) recent report to Congress paints an inaccurate portrait of consumer complaints against the third-party debt collection industry. (Logo: http://photos.prnewswire.com/prnh/20101018/ACALOGO) "We take consumer complaints seriously and agree on the significant importance of...

WASHINGTON, Feb. 23, 2012 /PRNewswire-USNewswire/ -- The American Guild of Appraisers (AGA), a national organization of real estate appraisers that is an affiliate of the AFL-CIO's Office and Professional Employees International Union (OPEIU), has petitioned the Federal Reserve Board ("Fed") and the Consumer Financial Protection Bureau to overturn a regulation adopted by the Fed that is contrary to the Dodd Frank Financial Reform law, threatens the viability of professional appraisal...