field hearing

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The CFPB has announced that it will be holding a field hearing on auto finance on September 18 in Indianapolis.  The announcement indicates that the hearing will feature remarks from Director Richard Cordray, as well as “testimony” from consumer groups, industry representatives, and members of the public.

Given the CFPB’s history of using field hearings as the venue for announcing a related development, it seems highly likely that the field hearing will coincide with the CFPB’s release of a proposed larger participant rule for the auto finance market. … Continue Reading

The CFPB has announced that on July 17, 2014, it will hold a field hearing in El Paso, Texas on consumer complaints.  Director Cordray will be speaking at the event, which will also feature testimony from consumer groups, industry representatives, and members of the public. 

Given the CFPB’s practice of using field hearings as a forum to announce related CFPB developments, it is likely the event will include such an announcement. … Continue Reading

The CFPB has announced that it will be holding a field hearing on payday loans on
March 25, 2014 in Nashville, Tennessee.  The event will feature remarks by Director Cordray and testimony from consumer groups, industry members, and the general public. 

The CFPB’s rulemaking agenda issued at the end of last year included “prerule activities” concerning payday loans and deposit advance products targeted for this month. … Continue Reading

The CFPB has announced that on November 20, 2013, it will hold a field hearing in Boston on “Know Before You Owe: Mortgages.” The event will feature remarks by Director Cordray and testimony from consumer groups, industry representatives, and members of the public. 

Field hearings are typically used by the CFPB to announce new initiatives and developments.… Continue Reading

Yesterday the CFPB announced that it would hold a field hearing on credit cards in Chicago on October 2, 2013. The hearing will be held at the Harold Washington Library, located at 400 South State Street, and will commence at 11:00 a.m. CFPB Director Cordray plans to make an appearance, and testimony will be taken from consumer groups, industry representatives, and members of the public.… Continue Reading

The CFPB has announced that it will be holding two field hearings in January 2013 on mortgage policy.  The first hearing is scheduled for January 10 in Baltimore and the second hearing is scheduled for January 17 in Atlanta. CFPB Director Richard Cordray is expected to deliver remarks at both hearings and there will also be testimony from consumer groups, industry representatives, and members of the public. … Continue Reading