Tag Archives: Consumer Financial Protection Bureau

Nearly five years ago, Congress created the CFPB, and its sole purpose was to serve as recovery agent for the American people coming out of the financial crisis. But how effective has the Bureau been in doing its job?

Subcommittee Chairman Randy Neugebauer tweeted, "My friends on the other side of the aisle asked a trial lawyer to come speak in favor of the CFPB's Arbitration Rule. I rest my case."

Several bills aimed at rolling back Dodd-Frank or changing the CFPB have been gaining traction as of late. How does the latest proposal, H.R. 5211, aim to amend the mission of the Bureau?

Many in the mortgage industry have complained of the complexity of implementing the rule and the difficulty of complying, despite the rule’s goal of making it easier on all parties involved to close a mortgage loan. But do homebuyers share these same sentiments?

The Consumer Financial Protection Bureau proposed a rule on Tuesday regarding businesses' use of arbitration clauses in contracts. What does the rule include?

Between attempts made by lawmakers to reform the Bureau to the PHH trial, the CFPB is probably glad to see April in the rear view mirror.

Consumers ran into three major problems with the way their loan is being serviced, according to the CFPB's latest monthly consumer complaint snapshot.

A fiercely raging debate for the last five years is whether or not the added costs imposed on businesses that must comply with increased regulations justifies the benefits of those increased regulations.

It has been a tough week for both the CFPB and for the Dodd-Frank Act, continuing with the passing of two bills in the House Financial Services Committee on Wednesday.

The D.C. Circuit Court of Appeals heard oral arguments in the PHH Corp. v. CFPB case on Tuesday. Benjamin Diehl, partner with Stroock Stroock & Lavan, discusses the scope of the case and possible outcomes.