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Latest Consumer Financial Protection Bureau Stories

2014-09-11 16:27:52

CEO Pat Morris Issues Statement Regarding the Real Work Done in Best Practices and the Resolution of Medical Accounts. MINNEAPOLIS, Sept. 11, 2014 /PRNewswire-USNewswire/ -- ACA International, the largest trade group for the consumer debt collection industry, today responded to a report issued by the National Consumer Law Center titled "Strong Medicine Needed: What the CFPB Should Do to Protect Consumers from Unfair Collection and Reporting of Medical Debt." Following is a statement...

2014-09-11 08:20:50

The expert panel will lead a class at the 7th annual Innovate conference, hosted by AutoStar Solutions, where auto dealers will learn how to prepare for investigations from the CFPB, FTC and state regulators. FORT WORTH, Texas, Sept. 11, 2014 /PRNewswire/ -- A panel of auto dealer attorneys and former government regulators today advised car dealers of 10 separate strategies they must implement to avoid regulatory actions. The panel includes: -- Terrence O'Loughlin, Director of...

2014-09-10 16:29:13

Apple iPhone/mobile payments era poses threats and opportunities for consumers, especially those financially at risk WASHINGTON, Sept. 10, 2014 /PRNewswire-USNewswire/ -- Two leading consumer organizations told the Consumer Financial Protection Bureau (CFPB) today to issue rules so consumers can use mobile financial services without placing their privacy at risk or exposing themselves to new forms of predatory lending and other unfair practices. The groups--U.S. PIRG and the Center for...

2014-08-12 16:31:17

BRANDON, Miss., Aug. 12, 2014 /PRNewswire/ -- eSoftware Solutions, the leader in web based financial service solutions, is formally announcing the release of their new web application, eCompliance. eCompliance is a comprehensive compliance management system that was created in response to the heightening demands being placed on financial institutions and lenders by the Consumer Financial Protection Bureau (CFPB); the government agency responsible for auditing the financial sector....

2014-04-28 08:22:16

CLEVELAND, April 28, 2014 /PRNewswire/ -- Lenders and auto dealers are warned to expect additional regulatory guidance and enforcement activity from the Consumer Financial Protection Bureau ("CFPB" or "Bureau"), according to an article in the April 15, 2014 edition of the Bloomberg BNA Banking Report. The article - "How the Consumer Financial Protection Bureau Ensnared Auto Dealers" - was authored by a team of professionals at McDonald Hopkins LLC and McDonald Hopkins Government...

2014-04-25 23:04:55

Managers of Compliance, Accounts Receivables, and Operations Professionals Invited to Attend a Free Webinar on the Consumer Financial Protection Bureau GAITHERSBURG, MARYLAND (PRWEB) April 25, 2014 PaymentVision, a leading provider of PCI-compliant electronic payment gateway services, together with the CFPB, invites managers of compliance, accounts receivables, and operations professional to attend an educational webinar designed to provide an understanding of the CFPB and their...

2014-03-19 04:21:30

Amid Findings by the Consumer Financial Protection Bureau and a Joint Congressional Staff Report, Dentists are Uniting to Usher in Better Practices IRVINE, Calif., March 19, 2014 /PRNewswire/ -- Amid findings by the Consumer Financial Protection Bureau and a Joint Congressional Staff Report, dentists are uniting to usher in better practices. Recognizing that the centralized management and financing operations of dental practices must be reformed, Dental Equities, LLC intends to help...

2014-02-10 23:22:38

Industry Authority Swanepoel Publishes 9th Annual Trends Study Orange County, CA (PRWEB) February 10, 2014 In 2014 hundreds of new regulations created by the CFPB will become law, the majority of Prudential real estate offices will convert to Berkshire Hathaway HomeServices, Redfin will most likely go public, Zillow or Trulia will pull off another astounding acquisition, and Keller Williams Realty will pass a 100,000 agent count. We will also see a race by Realtors® to secure their...

2014-02-06 08:20:51

- Fourth quarter 2013 net income of $104 million, impacted by charge related to CFPB/DOJ settlement NEW YORK, Feb. 6, 2014 /PRNewswire/ -- Ally Financial Inc. (Ally) today reported net income of $104 million for the fourth quarter of 2013, compared to net income of $91 million in the prior quarter and net income of $1.4 billion for the fourth quarter of 2012. The company reported core pre-tax income of $142 million in the fourth quarter of 2013, compared to core pre-tax income of $269 million...

2014-01-07 12:24:01

Consumers Get New Safeguards to Protect Them From Mortgage Abuses WASHINGTON, Jan. 7, 2014 /PRNewswire-USNewswire/ -- Starting January 10, consumers shopping for a mortgage will get new safeguards to help ensure they are treated fairly and don't end up with a loan they can't afford. The new rules enacted by the Consumer Financial Protection Bureau (CFPB) will help to prevent the kind of irresponsible underwriting practices that led to a record number of foreclosures in recent years,...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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