CFPB Report Shows Payday Borrowers Stuck in “Revolving Door of Debt”
Recent agency study reveals most consumers re-borrow within two weeks of their first payday loan.
Debt Collection Industry Faces Looming Regulatory Change
Consumer Financial Protection Bureau seek to assert rulemaking powers to oversee debt collectors.
CFPB Publishes International Money Transfer Compliance Procedures
Agency offers institutions guidance on financial regulation compliance.
Week in Review
DOJ reaches tentative settlement with JPMorgan, Obama nominates head of Court of Federal Claims, and more…
Week in Review
Confirmation hearing for OIRA nominee, Supreme Court takings decision, CFPB offers exemptions, and more…
CFPB Possesses Unique Accountability Structure
Consumer protection agency is sensibly structured to resist the dangers of client politics.
Week in Review
EPA proposes rule for stringent emissions standards, Supreme Court gives deference to FCC statutory interpretation, and more.
CFPB Seeks to Increase Oversight of Nonbank Student Loan Servicers
Proposed rule to protect nearly 50 million Americans with student loan debt.
Week in Review
Supreme Court will not hear tobacco labeling case, Administration releases new drug policy, and more.
CFPB Debuts an Expanded Consumer Complaint Database
To increase transparency, Bureau releases 90,000 consumer financial complaints
CFPB Reports to Congress on Fair Debt Collection Practices Act
The agency will focus on promoting fairness for both consumers and law-abiding debt collectors.