Summary of Dodd-Frank Act, produced by DLA Piper
Section-by-section and agency-by-agency breakdown of the act's rule proposals
GAO Report on Dodd-Frank Act Regulations (November 2011)
American Banker 11/19/2013
Lawmakers Voice Support for Disparate Impact. by Rachel Witkowski. NOV 19, 2013 5:17pm ET. Despite complaints from bankers that the controversial legal theory is unfair, many lawmakers said it has been a useful tool in combatting discrimination.
Consumer bureau fines payday lender Cash America, orders refunds
Los Angeles Times 11/20/2013
WASHINGTON -- In its first enforcement action against a payday lender, the Consumer Financial Protection Bureau on Wednesday fined Cash America International $5 million and ordered $14 million in refunds for overcharging customers, robo-signing ...
CFPB simplifies mortgage disclosure forms
Washington Post 11/20/2013
On Wednesday, the Consumer Financial Protection Bureau issued a final rule requiring lenders to use its new mortgage forms, which are designed to make it easier for borrowers to locate crucial information such as interest rate, monthly payments and ...
US Officials Probe Discrimination in Auto Loans
Wall Street Journal 11/15/2013
WASHINGTON—U.S. officials said an analysis of the auto-lending market shows enough evidence of discrimination against minorities to justify their wide-ranging probe of the industry. Officials from the Consumer Financial Protection Bureau and Justice ...
N.J. Housing-Bias Accord Scuttles U.S. Supreme Court Case
A New Jersey town settled a housing-bias lawsuit that was set for a U.S. Supreme Court hearing next month, scuttling a case that might have shielded lenders from discrimination suits pressed by the Obama administration. The Mount Holly town council ...
Lender group, aiming to refute CFPB, launches auto finance study
Automotive News 11/13/2013
The American Financial Services Association is launching an independent study into the effects of the indirect lending model on consumers and the auto industry. The move comes in response to accusations from the Consumer Financial Protection Bureau ...
CFPB chief concedes need for balance in auto-loan oversight
Automotive News 11/12/2013
WASHINGTON -- Richard Cordray, director of the Consumer Financial Protection Bureau, said he wants more "openness and transparency" for the agency's oversight of auto lending, but added that the agency still has strong concerns about how dealerships ...
Debt collectors face new rules under proposal from Consumer Financial ...
Washington Post 11/06/2013
On Wednesday, the Consumer Financial Protection Bureau is slated to issue a notice of proposed rulemaking to modernize the legal framework governing debt collection. The government watchdog is seeking public and business comment before formally ...
To help industry executives wade through the 2,300-page bill’s implications, AFSA put together a four-part webinar series in July 2010 addressing each of the association’s business segments: credit cards, mortgage, personal loans, and vehicle finance. Each of the hour-long webinars largely dealt with the new Consumer Financial Protection Bureau (CFPB).
AFSA has compiled two white papers dealing with the Dodd-Frank Act.