Links in “Consumer Protection”
- NCUA Townhall Meeting with CFPB
The 2/12/14 NCUA meeting will feature CFPB Director Cordray with emphasized discussion on changes in consumer protection regulations. Participants can submit questions in advance to WebinarQuestions@NCUA.gov using the subject matter line, NCUA-CFPB Town Hall or pose questions during the meeting by using the chat function. [1/9]
- CFPB Serves it Up for Consumers
CFPB releases new resources for consumers to educate on protections from mortgage rules. Guidance includes sample letters that consumers can send to their mortgage servicers when suspecting errors, more FAQs and other help tips. [1/8]
- Timing is Everything: CFPB to Hold “Protecting Homeowners” Training on Jan. 10
After rejecting widespread calls to delay this Friday's implementation date for the new mortgage rules, the CFPB announced instead it will hold on that very same day an event called "Protecting Homeowners: New Tools for Empowering Consumers and Advocates" for housing counselors, legal aid attorneys and other advocates. [1/7]
- CFPB Wants to Know Consumer’s Pain
CFPB seeks information on key consumer âpain pointsâ associated with mortgage closing and how those pain points might be addressed by market innovations and technology. Comments are requested from all sectors associated with loan closing. [1/3]
- CFPB Educating Customers to Sue?
CFPB's consumer education efforts include statements that "borrowers who fall behind now have more options to take control" and the CFPB will "stand with borrowers." [12/24]
- Risk Mitigation Tips for Credit Unions Affected by the Target Breach
As the black market is being flooded with the stolen data, there are measures that credit unions can take to protect themselves and their members. This article summarizes the information resources that are available to assist you with your risk management efforts. [12/24]
- CFPB’s 2013 Fiscal Score Card
96-page report details growth (1400 employees at 30% growth rate) with strong year of penalties assessment and efforts to promote consumer protections. [12/17]
- Bank Takes Unusual Step of Offering Customers Free Antivirus Software
Ally Bank offers its customers free security software to protect their entire online experience. [11/26]
- New NCUA YouTube on SCRA
NCUA's latest installment in consumer protection focuses on SCRA elements for servicemembers and veterans. [11/25]
- CFPB: Justice for All
CFPB's Cordray speaks to ACH industry: "Our goal is not some one-sided aim to maximize consumer protection or industry deterrence at all costs. There is such a thing as doing too little, and there is such a thing as doing too much. We are aiming instead at doing justice." [11/22]