The Consumer Financial Protection Bureau (CFPB) has been conducting field hearings and studies addressing the subject of forced arbitration. The arbitration clauses forced on consumers in mo... Read more
A multi-state settlement was reached last month by one of the country’s largest mortgage companies, Ocwen Financial Corporation. The Consumer Financial Protection Bureau, 49 states, an... Read more
A Utah mortgage company, along with two of its top officers, will pay $13.2 million in refunds and fines to settle a lawsuit filed in July. Salt Lake City-based Castle & Cooke Mortgage L... Read more
U.S. Senator Elizabeth Warren was definitely on target when she said banks remain too big to fail. Even though progress that has been made on financial regulation since the 2008 credit crisi... Read more
It appears that the Federal Trade Commission intends to continue its vigorous enforcement of the Fair Debt Collection Practices Act (FDCPA). A record settlement with “the world’s largest deb... Read more
When the U.S. Senate finally confirmed Richard Cordray as director of the Consumer Financial Protection Bureau (CFPB), it was a major victory for U.S. Consumers. For two years, a bloc of Sen... Read more
The Consumer Financial Protection Bureau (CFPB) has set its sights on mandatory arbitration clauses in consumer financial products. The agency announced on April 24th that it is launching a... Read more
The Consumer Financial Protection Bureau is also zeroing in on debt collectors and credit reporting companies. The agency has proposed to add debt collectors and credit bureaus to the list o... Read more
I doubt that many folks outside Washington, D.C. even know that there still is no director for the new Consumer Financial Protection Bureau. In fact, it appears it may be a long while before... Read more
If you would like to subscribe to the Jere Beasley Report digital edition, simply visit our Subscriptions page and provide the necessary information or call us at 800-898-2034.
Attorney Advertising - Prior results do not guarantee a similar outcome.