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Consumer Financial Protection Bureau

CFPB Lays Out What It Will Look For as an Abusive or Deceptive Practice

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The Consumer Financial Protection Bureau (CFPB) has released material which lays out how it will investigate and/or identify unfair, deceptive or abusive acts and practices. This has a serious impact on the entire debt relief industry, non-profits included. The rules and regulations, to me, appear to be clear that the underlying issue is if the material and activities by the ... Read More »

Consumer Financial Protection Bureau In The Works But Don’t Expect Much Before July, 2011

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Reuters is reporting recent comments by Treasury Secretary Geithner that have sent a clear signal that the new Consumer Financial Protection Bureau (CFPB) will not be active in enforcement actions until July, 2011. “It is fair to say that until that authority is transferred, which will not happen before July of 2011, and before there is a confirmed director in ... Read More »

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