Kraninger approaches small business data collection rules with care

At a public symposium last week, academics, market participants and policy-makers gathered to discuss effective implementation of a Dodd-Frank Act section which would increase public data about small business lending, specifically those owned and operated by women and minorities.

CFPB files suit against student loan operation

The Consumer Financial Protection Bureau has filed a complaint and a temporary restraining order against a student-loan debt-relief operation engaged in allegedly unlawful conduct. 

CFPB issues annual student loan report

The data reveals that borrowers of both private and federal student loans reported issues ‘dealing with your lender or servicer’ in more than half of all complaints.

Task force on federal consumer law launched

The Consumer Financial Protection Bureau announced that it will establish a taskforce to examine ways to ‘harmonize and modernize’ federal consumer financial laws. 

CFPB names advisory board members

Consumer Financial Protection Bureau Director Kathy Kraninger announced the appointment of members to the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council.

CFPB files suit against credit brokers

The Consumer Financial Protection Bureau and the South Carolina Department of Consumer Affairs filed a lawsuit in federal district court in the District of South Carolina against Katharine Snyder, Performance Arbitrage Company, Inc., and Life Funding Options, Inc. 

CFPB tweaks consumer complaint database

The Consumer Financial Protection Bureau announced several changes to its consumer complaint database while it will continue publication of consumer complaints, data fields and narrative descriptions

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