Consumer lending

Overlapping missions and jurisdictions are fueling competition between the Consumer Financial Protection Bureau and the Federal Trade Commission, according to former officials at both agencies.

Idaho Community Action Network (ICAN) on Monday protested what it calls a lack of action by the Consumer Financial Protection Bureau regarding enacting national standards for payday loan operations and ending uncapped loans.

ACA International filed a lawsuit in July to challenge the Federal Communications Commission’s Declaratory Ruling concerning the Telephone Consumer Protection Act. On Friday, in the U.S. Court of Appeals for the D.C. Circuit, the FCC filed its answering brief to the case, titled ACA International, et al. v. FCC and U.S.

Overlapping missions and jurisdictions are fueling competition between the Consumer Financial Protection Bureau and the Federal Trade Commission, according to former officials at both agencies.

A Michigan circuit court judge on Thursday banned Liquidation LLC and eight related companies from collecting on title loans that charge triple-digit interest rates.

Bank chiefs should brace for a barrage of questions about economic uncertainty, if JPMorgan Chase's experience after releasing fourth-quarter results is any indication. Double-digit increases in loans and profits were not enough to stave off questions about the odds of recession, energy risks and adequacy of reserves.

Approximately half of more than 40 enforcement issues made public by the Consumer Financial Protection Bureau have alleged violations of the Unfair, Deceptive and Abusive Acts or Practices provision of the Dodd-Frank Act.

The inventory of homes in foreclosure fell in November to the lowest level since November 2007, according to a report from CoreLogic, a global property information company.

The former assistant director of the Consumer Financial Protection Bureau has taken a job as a senior official with the Department of Education.

GC Services LP, a nearly 60-year-old accounts receivable management company, has been sold for undisclosed terms.