Sentences with phrase «proposed new consumer protections»

Building on DOT's 2009 rulemaking that banned carriers from subjecting passengers to long tarmac delays and other deceptive practices, Secretary LaHood proposed new consumer protections for air travelers in June.

Not exact matches

The Consumer Financial Protection Bureau is proposing new rules to curtail payday lending practices the agency says can lead borrowers into long - term «debt traps.»

As set forth above, as opposed to the stringent regulations in other states such as New York, and the bill proposed in the Assembly last year, which appear to deter companies from spending the time and money to pursue cutting - edge ideas, the Act appropriately balances the need for consumer protection with the desire to allow businesses to innovate.

CONTACT Rob Van Raaphorst [email protected] (202) 557 - 2799 WASHINGTON, D.C. (June 17, 2015)- Statement from MBA President & CEO David H. Stevens on news that the Consumer Protection Financial Bureau (CFPB) will propose an amendment to delay implementation of the new TILA - RESPA In

As discussed in our prior post, new regulations have been proposed to prohibit incentive - based pay arrangements that encourage inappropriate risk, in line with section 956 of the Dodd - Frank Wall Street Reform and Consumer Protection Act.

Fortunately, the Consumer Financial Protection Bureau (CFPB) has proposed new guidelines that shield debtors from abusive debt collection efforts.

At a March 7 Senate hearing on the proposed regulatory merger, New York Bankers Association President Michael Smith testified that the funding of consumer protection initiatives through fraud penalties could lead to overly aggressive prosecution of banks.

Green's group helped organize a campaign pressuring the White House to nominate Warren for the top job at the new Consumer Financial Protection Bureau, an agency she initially proposed.

Gov. Cuomo proposed four key initiatives for the legislative agenda: a new ombudsman for student loans, stronger consumer protection laws, improvements to the total cost disclosure from colleges for students, and protections for professional license holders.

It was just recently announced by the Federal Reserve Board and the Federal Trade Commission that there will be new proposed legislations concerning the disclosure for credit score requirements of the Dodd - Frank Wall Street Reform and Consumer Protection Act.

The Consumer Financial Protection Bureau has proposed new rules aimed at putting more responsibility on payday loan lenders and their crippling triple - digit interest rates.

With these new lending models, it may be possible to improve borrowers» financial health by providing simple and transparent credit products at a cost that is well below what the Consumer Financial Protection Bureau deems unaffordable in proposed rules designed to police risky products.

However, when asked if they support specific regulations currently on the table in Washington, such as those proposed by the new Consumer Financial Protection Bureau (CFPB), not as many consumers put their hands up.

In March of 2015, the Consumer Financial Protection Bureau (CFPB) announced that it was considering proposing new rules to payday lending that would «prevent or protect» borrowers.

The Consumer Financial Protection Bureau has proposed new regulations designed to offer consumers more protections when dealing with debt collectors.

The report examined current consumer protections and recourse options available to airline passengers in Canada and proposed new models which will strengthen consumer protection in the airline industry moving forward.

The Consumer Financial Protection Bureau (CFPB) announced a proposed rule amending TRID, the TILA - RESPA Integrated Disclosure rule, which requires most transactions involving a mortgage to use new CFPB disclosure forms as of October 3, 2015.

On Thursday, Dec. 13, 2012, The Consumer Financial Protection Bureau (CFPB) announced its proposed policy to allow companies to test new consumer disclosures on a case - by - casConsumer Financial Protection Bureau (CFPB) announced its proposed policy to allow companies to test new consumer disclosures on a case - by - casconsumer disclosures on a case - by - case basis.

National Association of Realtors ® President Chris Polychron, executive broker with 1st Choice Realty in Hot Springs, Ark., released the following statement in response to the Consumer Financial Protection Bureau's announcement of a proposed two - month delay for the implementation of the new Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure, or TRID, regulation.

On June 17, National Association of Realtors ® President Chris Polychron released the following statement in response to the Consumer Financial Protection Bureau's announcement of a proposed two - month delay for the implementation of the new Truth in Lending Act and Real Estate Settlement Procedures Act Integrated Disclosure, or TRID, regulation.