Yesterday, the Consumer Financial Protection Bureau (CFPB) issued the following press release: CFPB PROPOSES PROCEDURAL RULE ON SUPERVISING NONBANKS THAT POSE RISKS TO CONSUMERS WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today is proposing a rule that would set up procedures to supervise nonbanks that may have engaged in activities that pose risks to consumers. [...]
Posts Tagged ‘richard cordray’
CFPB PROPOSES PROCEDURAL RULE ON SUPERVISING NONBANKS THAT POSE RISKS TO CONSUMERS
Posted: May 25, 2012 by administrator in CONSUMER FRAUDTags: atlanta ga, Birmingham al, cfpb, consumer financial protection bureau, CONSUMER LAW, Dallas tx, MORTGAGE COMPANY, OCNSUMER REPORTING AGENCY, Orlando FL, PAYDAY LENDER, richard cordray
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Sen. Paul to Challenge Cordray Recess Appointment
Posted: February 3, 2012 by administrator in FCRATags: cfpb, Consumer Financial Protection Buruea, Obama Recess Appointment, richard cordray
Politico (2/1, Kim) reports that Sen. Rand Paul (R-KY) “is joining a legal challenge to President Barack Obama’s recess appointments to the National Labor Relations Board.” Paul “appears to be the first sitting senator to legally object to the Jan. 4 appointments that drew fire from congressional Republicans, who say the president overstepped constitutional boundaries by [...]
CFPB DIRECTOR RICHARD CORDRAY TO SPEAK IN BIRMINGHAM, ALABAMA – PAYDAY LENDING
Posted: January 18, 2012 by administrator in CONSUMER FRAUDTags: 2012 CFPB Hearing, alabama, birmingham, cfpb, consumer financial protection bureau, consumer protection, Field Panel, Janaury 19, richard cordray
The hearing will take place on Thursday, January 19, 2012, at 12:00 P.M. CST (UPDATED LOCATION: at the Birmingham-Jefferson Convention Complex). Alabama is a state with one of the highest number of payday lenders per capita in the country. The CFPB is the first federal agency with the authority to oversee payday lenders of all [...]
WISH LIST FOR CFPB’S DIRECTOR CORDRAY
Posted: January 17, 2012 by administrator in CONSUMER FRAUD, CREDIT CARD DISPUTES, CREDIT DISPUTES, FCRATags: CFPB Credit Card Disputes, CFPB Credit Report Disputes, consumer financial protection bureau, FCRA ATTORNEY, fcra lawyer, richard cordray
But even a small percentage of errors can affect millions. The CFPB should assure that reports are accurate and errors easily fixed. Credit bureaus now generally have 30 days to investigate a complaint. They also must forward “all relevant information” to the creditor that furnished the disputed material. But the National Consumer Law Center in [...]
RICHARD CORDRAY DIDN’T WASTE TIME TRYING TO CONNECT WITH CONSUMERS
Posted: January 10, 2012 by administrator in CONSUMER FRAUD, FCRATags: Atlanta georgia attorney, birmingham alabama attorney, cfpb, CONSUMER ATTORNEY, consumer financial protection bureau, CONSUMER FRAUD, CONSUMER LAWYER, DALLAS TEXAS ATTORNEY, NASHVILLE TENNESSEE ATTORNEY, ORLANDO FLORIDA ATTORNEY, richard cordray
Richard Cordray, the new director of the Consumer Financial Protection Bureau (CFPB), didn’t waste any time trying to connect with consumers about how the CFPB can help them in 2012. Here’s the email being sent to consumers across the US: Happy New Year, As the new Director of the Consumer Financial Protection Bureau, and as [...]
CORDRAY APPOINTED – PRESIDENT SUPPORTS CONSUMER PROTECTION DESPITE REPUBLICAN OPPOSITION
Posted: January 7, 2012 by administrator in FCRATags: alabama, attorney, cfpb, consumer financial protection bureau, Consumer Fraud Attorney, CREDIT REPORT DISPUTES, CREDIT REPORT ERROR LAWYER, Florida, GEORGIA, ID THEFT ATTORNEYS, IDENTITY THEFT ATTORNEYS, lawyer, richard cordray, Tennessee, TEXAS, Virginia
The long-delayed start of a new consumer protection bureau took a major step forward Wednesday when the White House defied Congressional Republicans who had been holding out for changes that consumer advocates say would have substantially weakened the agency. President Barack Obama announced a recess appointment to name Richard Cordray as the nation’s chief consumer [...]