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)
Wall Street Journal 03/07/2014
WASHINGTON--House Financial Services Chairman Jeb Hensarling (R., Texas) is continuing to press the Consumer Financial Protection Bureau for evidence of alleged discrimination in the auto-lending market, saying the agency has stymied repeated ...
CFPB Staff Evaluations Show Sharp Racial Disparities
American Banker 03/06/2014
WASHINGTON — Since the Consumer Financial Protection Bureau burst onto the financial stage a few years ago, it has made a steady stream of controversial moves. None are more despised by bankers than the agency's use of statistical differences in the ...
Bill to revamp consumer agency passes US House, unlikely to become law
"The Consumer Financial Protection Bureau is not responsive to Congress because it doesn't get its funding from Congress," said Wisconsin Republican Sean Duffy, who sponsored the bill. "We think it is appropriate when you have an agency that is so ...
US Regulator Calls for Free Credit Scores
Wall Street Journal (blog) 02/27/2014
U.S. consumers, who are already entitled to look at their credit report for free once a year, should also have free access to their credit scores, a top federal regulator said Thursday. Consumer Financial Protection Bureau Director Richard Cordray ...
US sues college chain ITT over loans
USA TODAY 02/26/2014
The Consumer Financial Protection Bureau on Wednesday sued ITT Educational Services, accusing the national college chain of predatory lending and laying down a stern warning to other for-profit colleges. "ITT marketed itself as improving consumers ...
Congressional Republicans mull bill to add CFPB oversight
Housing Wire 02/25/2014
This week the House will consider a bill designed to bring what supporters say will be more accountability and transparency to a government entity that holds private businesses accountable. On Thursday, the House will consider H.R. 3193, the Consumer ...
US Chamber Pushes for Federal Auto-Lending Rules
Wall Street Journal 02/13/2014
The U.S. Chamber of Commerce wants a federal consumer regulator to give auto lenders a clearer road map for making car loans. The Consumer Financial Protection Bureau warned nearly a year ago it was probing auto-lending practices for discrimination ...
Does the CFPB Know What's in Your Wallet?
U.S. News & World Report 02/10/2014
Things got pretty heated on Jan. 28 when lawmakers questioned Richard Cordray — director of the Bureau of Consumer Financial Protection — about the bureau's monitoring of more than 900 million U.S. credit card accounts. Cordray bristled at ...
CFPB Changes HMDA Data Collection
Mortgage News Daily 02/07/2014
CFPB Changes HMDA Data Collection. Feb 7 2014, 12:56PM. The Consumer Financial Protection Bureau (CFPB) has announced it will take the initial step to improve data collected under the Home Mortgage Disclosure Act (HMDA) by convening a panel of ...
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.