Rulemaking


We’ve issued a new rule to help protect consumers using prepaid accounts

Prepaid cards can look and act like other types
of cards, but they haven’t always had the same protections. Our new rule will help
make prepaid cards and other prepaid accounts safer to use.

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/weve-issued-new-rule-help-protect-consumers-using-prepaid-accounts/ Author:

Read more here.


We’ve updated our mortgage servicing rules to provide greater protections for mortgage borrowers and other homeowners

Today we finalized new changes to our mortgage
servicing rules. These updates ensure that mortgage servicers treat homeowners
and struggling borrowers fairly.  They
also provide
servicers with greater clarity about how to comply with the rules.

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/weve-updated-our-mortgage-servicing-rules-provide-greater-protections-mortgage-borrowers-and-other-homeowners/ Author: Laura Johnson

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Consumers Count: Five years standing up for you

In the past five years, we have written rules,
enforced laws and, supervised banks and other financial companies, while at the
same time creating resources to educate and engage you to make informed choices
with your finances. 

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/consumers-count-five-years-standing-you/ Author: Zixta Q Martinez

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CFPB proposes prohibiting mandatory arbitration clauses that deny groups of consumers their day in court

Today,
we are proposing rules that would prohibit mandatory arbitration clauses that
deny groups of consumers their day in court. Our proposal is designed to protect
consumers’ right to pursue justice and relief and deter companies from violating
the law.

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/cfpb-proposes-prohibiting-mandatory-arbitration-clauses-deny-groups-consumers-their-day-court/ Author: Eric Goldberg

Read more here.