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Ben Hallman

Banks Continue Mortgage Abuses, So U.S. Proposes New Rules

HuffingtonPost.com | Ben Hallman | Posted 08.10.2012 | Business

NEW YORK -- In the latest effort by a federal regulator to force the mortgage industry to stop treating desperate homeowners like vagrants looking for...

Ohio Couple Says Debt Collectors Called Them 14 Times A Day

The Huffington Post | Alexander Eichler | Posted 08.08.2012 | Business

The Fair Debt Collection Practices Act says that if a collection company is trying to get you to settle a debt, they can only call you between 8 a.m. ...

Catherine New

New Scrutiny For Credit Card Companies Selling Useless Add-Ons

HuffingtonPost.com | Catherine New | Posted 08.06.2012 | Money

The nation's biggest credit card companies are under increasing pressure to stop selling add-on credit card products to customers who don't really nee...

Catherine New

Scammers Prefer Electronic Prepaid 'Cash'

HuffingtonPost.com | Catherine New | Posted 08.01.2012 | Money

Move over, briefcase full of cash. Crooks' preferred method of payment these days is prepaid cards. Scammers are exploiting preloaded debit cards ...

CFPB Making Good on Promises as Latinos Clamor for Stronger Consumer Protections

Janis Bowdler | Posted 09.29.2012 | Latino Voices
Janis Bowdler

Without a doubt, more needs to be done to protect all borrowers from predatory lending and steering. Financial companies on Wall Street must be held accountable with tougher rules and enforcement to prevent the practices that caused the financial crisis.

Alexander Eichler

He Claims His Father Stole His Identity

HuffingtonPost.com | Alexander Eichler | Posted 02.13.2014 | Money

When Frank Deyoub and his wife were thinking about names for their newborn son, one moniker was completely off the table: Frank Deyoub. "If I named...

5 Ways to Become a Credit Adult

Adam Levin | Posted 09.25.2012 | Money
Adam Levin

As we are demanding the business become more accountable to the American people, it is now our turn to demand greater accountability of ourselves.

Consumer Bureau Bashed As Job Killer

The Huffington Post | Catherine New | Posted 07.25.2012 | Business

Job killer. That's the label one libertarian analyst of the banking industry slapped on the year-old Consumer Financial Protection Bureau at a congres...

Student Debt Puts The Recovery On Hold, Government Says

The Huffington Post | Bonnie Kavoussi | Posted 07.25.2012 | Money

A top regulator is once again sounding the alarm on student debt, warning that the ballooning market is putting the economic recovery on hold. "Pol...

Tricks, Traps, and Accountability

Sen. Elizabeth Warren | Posted 09.22.2012 | Politics
Sen. Elizabeth Warren

A working market needs rules, and the Consumer Financial Protection Bureau is starting to level the playing field. That's a good thing for consumers -- and it didn't come a moment too soon.

Friday Talking Points -- Another Sad Day

Chris Weigant | Posted 09.19.2012 | Politics
Chris Weigant

We're not going to have our normal partisan talking points today. We're going to follow the lead set by Barack Obama and Mitt Romney, and we're just not going to go there today.

Happy Birthday!

The Huffington Post | Bonnie Kavoussi | Posted 07.20.2012 | Money

The Consumer Financial Protection Bureau will have its first birthday on Saturday, but we're only cautiously celebrating. The watchdog agency's long-t...

It's The Housing Crisis All Over Again

AP | DANIEL WAGNER | Posted 09.19.2012 | Money

WASHINGTON — Risky lending caused private student loan debt to balloon in the past decade, leaving many Americans struggling to pay off loans th...

Tyler Kingkade

Study Finds Disturbing Trend With Private Student Loans

HuffingtonPost.com | Tyler Kingkade | Posted 07.20.2012 | College

NEW YORK -- Students took on more student-loan debt than they needed or could handle, during a borrowing boom from 2004 to 2008, largely due to relaxe...

Dodd-Frank and CFPB Provide Stimulus to Economy With Milestone

Adam Levin | Posted 09.18.2012 | Money
Adam Levin

In it first 365 days, the Consumer Financial Protection Bureau has already done more to protect the American public than this do-nothing Congress has accomplished since it was sworn in back in the dawn of 2011.

Capital One Settlement Shows Limits of Government Watchdogs

David Callahan | Posted 09.18.2012 | Business
David Callahan

Something really bad happened at a big bank, and tens of millions of dollars are being shelled out in settlements, and yet so far no heads are rolling. Just maybe that's because ripping off customers is now part of the business model for major banks. And why punish executives for doing their job?

Plain English, or Greek?

Ellen Schloemer | Posted 09.18.2012 | Money
Ellen Schloemer

The foreclosure review materials scored ZERO readability -- the only documents I know of that score that low are IRS publications. Is that the standard the regulators and servicers wanted to match?

A Home Buyer's Guide To The New Mortgage Form

The New York Times | Posted 09.18.2012 | Money

THIS month the Consumer Financial Protection Bureau proposed new rules to clarify the terms of housing loans for millions of homeowners. This sounds l...

'People Get It': Most Americans Big Fans Of Wall Street Regulation

The Huffington Post | Alexander Eichler | Posted 07.18.2012 | Business

The people have spoken. And they seem to like banking reform. Americans appear to support government efforts to rein in Wall Street by an unambiguo...

What The Capital One Settlement Means For You

Reuters | Posted 11.28.2012 | Money

By Beth Pinsker Gladstone NEW YORK, July 18 (Reuters) - The Capital One Financial settlement with U.S. regulators over deceptive mark...

Millions To Receive Refunds For Bank's Deceptive Tactics

Reuters | Posted 09.17.2012 | Money

* Resolves charges from CFPB, OCC * Bank accused of misleading credit card customers * Case is first enforcement action ...

Ryan Grim

CFPB's First Big Action Could Boost Elizabeth Warren

HuffingtonPost.com | Ryan Grim | Posted 07.18.2012 | Politics

WASHINGTON -- The Consumer Financial Protection Bureau announced its first enforcement action Wednesday morning, targeting Capital One for deceptive m...

Government Will Monitor Credit Reporting Firms

AP | Posted 07.17.2012 | Money

NEW YORK (AP) — The companies that determine Americans' credit scores are about to come under scrutiny by the country's new consumer watchdog. Th...

Applying For A Mortgage Is About To Get Less Complicated

Posted 09.08.2012 | Money

WASHINGTON -- The government is proposing rules to simplify getting a home mortgage. The Consumer Financial Protection Bureau on Monday unveiled re...

Ben Hallman

Seniors Scammed As Reverse Mortgage Foreclosures On The Rise

HuffingtonPost.com | Ben Hallman | Posted 06.27.2012 | Business

Reverse mortgages, a lifeline for seniors struggling to pay bills in allowing them to turn home equity into cash, are entering into foreclosure at an ...