CreditSlips

Consumer Financial Protection Clinic Position

07/30/15

Here's an opportunity to supervise a consumer financial protection clinic that has done some great work - information on the position and how to apply here. 

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Pie and Mash

07/28/15

Or a bit of this this and that.

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Dodd-Frank's Constitutionality

07/22/15

I'm testifying tomorrow before Senate Judiciary Committee's Subcommittee on The Constitution (yes, that's the official capitalization), about the constitutionality of the Dodd-Frank Act.  

Short version: nothing to see here folks.

Slightly longer version: really nothing to see here.

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Faster Payments: Is There a Business Case?

07/17/15

The Federal Reserve System has embarked on a project of exploring the possibility of faster retail payments in the United States.  A similar move has occurred with the UK Payments Council.  At the same time, the Electronic Payments Network is rolling out a faster version of ACH.

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Big Win for CFPB on Debt Collection

07/15/15

Yesterday, Judge Amy Totenberg of the Northern District of Georgia issued a very cogent 70-page opinion in the case of the CFPB v. Frederick Hanna & Associates, a large collection law firm with offices in Georgia, Florida, and South Carolina. The opinion denies Hanna's motion to dismiss in its entirety, and almost completely agrees with the CFPB's legal theory. In doing so, the opinion deals a serious blow to the collection law firm business model.

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The Supreme Court, the Fair Housing Act and the Racism Debate

07/09/15

The Supreme Court made a noteworthy contribution to the crescendo in our national conversation about race in its recent Texas v. ICP Fair Housing Act decision.

The Court affirmed that the Fair Housing Act prohibits not only explicit racial discrimination, but also policies and practices that have the effect of excluding or harming racial minorities.

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