CFPB director defends agency to Republican senators

The Hill reports: The head of the Consumer Financial Protection Bureau defended its record Thursday to critical Republican senators, who charged it with preferring punitive action over transparent rules and stifling the country’s credit market through unaccountable actions. CFPB Director Richard Cordray told the Senate Banking Committee that the agency's actions to crack down on […]

Law Schools Need Adjuncts to Teach Consumer Law

In a recent post, Jeff Sovern noted that, “About two-thirds of US law schools offer neither a doctrinal course nor a clinic on consumer law, despite the significance of the subject.” In many cases, this is because there are fewer law professors interested in teaching consumer, rather than a conscious effort on the part of […]

NCLC and ACLU sue Dep’t of Education for student-debt collection data

Last week, the National Consumer Law Center and the American Civil Liberties Union sued to enforce a FOIA request to the U.S. Department of Education seeking information on the Department's policies concerning collections on student loan debt. As the press release explains, the groups are concerned about differential treatment of student borrowers of color and […]

FTC returns money to consumers harmed by mortgage relief services scam

In addition to the Federal Trade Commission action described in the blog post below, the FTC also announced yesterday that it is mailing 474 checks totaling more than $33,000 to consumers who lost money to a scheme that charged homeowners an up-front fee for mortgage relief services they promised but never provided. In September 2015, […]

FTC returns money to consumers harmed by scam that collected millions in phantom payday loan debts

The Federal Trade Commission announced yesterday that it is mailing 1,701 checks totaling more than $596,000 to consumers who lost money to a fraudulent debt collection scheme that processed payments for payday loan debts they did not owe. In September 2015, a federal court banned Kirit Patel, Broadway Global Master Inc. and In-Arabia Solutions Inc. […]

Blankenship sentenced to one year in prison for mine safety violations

We've mentioned before the case of Don Blankenship, the former head of Massey Energy whom a jury convicted of conspiracy to violate federal mine safety standards in connection with the Upper Big Branch disaster that killed 29 workers. Today a federal judge sentenced Blankenship to one year in prison. It's not as much as you might expect given […]

Do fans have a legally protected interest in “their” team’s success?

This Reuters story explains that  Seven New England Patriots fans sued the National Football League on Tuesday, asking a judge to reverse a decision by the league to strip the team of a first-round pick in this month's draft over allegations of underinflated footballs. In a lawsuit filed in Boston federal court, the fans contend that NFL […]

Court questions CFPB’s structure

In a case filed last November, mortgage company PHH Corp. is appealing the Consumer Financial Protection Bureau’s $109 million enforcement ruling that the company took kickbacks in violation of the Real Estate Settlement Procedures Act. The case is pending in the DC Circuit Court of Appeals, with oral arguments scheduled for next Tuesday, April 12. […]

Recent announcements of DOJ’s Consumer Protection Branch

April 4, 2016 — District Court Enters Injunction Against Michigan Cheese Manufacturer and Its Owners to Prevent Distribution of Adulterated Cheese March 23, 2016 — Judge Orders Recall of Dangerous Magnets March 21, 2016 — United States Files Enforcement Action Against Kansas Food Manufacturer and Company’s Managers to Stop Distribution of Adulterated Food Products March […]