PayThink

The Consumer Financial Protection Bureau is seeking comments on how the Credit Card Accountability Responsibility and Disclosure Act of 2009 has impacted consumers. The input will allow the agency to construct future proposals for new credit card rules.

Smartphone capabilities, like instant Internet access, integrated cameras and GPS systems, have given consumers more control over their banking relationship and are forcing financial institutions to adapt.

A new study concludes the agency's basic business model puts homeowners at an unacceptably high risk of default with negative consequences for communities. Nothing could be further from the truth.

Massive regulation provides a deep moat protecting large financial institutions against competition from community banks and innovators.

Its purpose was to study what consumers know about dispute resolution clauses. This is particularly important because most checking accountholders are covered by these clauses and may not be aware of them.

The credit might have been "gold-gilded," but it did not make sense, the first test that a credit must pass.

Although this initial phase of the program may seem beneficial as it seeks to keep European competitors honest, enforced convergence is a double-edged sword that raises worrisome issues for our country.

To ensure compliance with applicable consumer financial laws, the Consumer Financial Protection Bureau released a manual on how its examiners will review private student lenders. The Student Lending Examination Procedures will be used to examine both banks and non-banks that offer student loans.

The Federal Reserve Board released a proposal that would overhaul the way regulators will supervise foreign banks within the U.S. This approach would be a significant difference from the board's current case-by-case method.

The role of the federal government in housing is the first question that needs to be answered, putting aside political rhetoric and preconceived notions about the subject.