Richard Cordray

Early CFPB Reforms Disappoint Activists

HuffingtonPost.com | Ben Hallman | Posted 05.15.2012

Read More: Richard Cordray, Mortgage Settlement, Dodd-Frank, Consumer Financial Protection Bureau, Cfpb Mortgage, Mortgage Servicers, Consumer Financial Protection Agency, National Mortgage Settlement, Business News

When the framers of the national mortgage settlement agreed to let the deal expire in three-and-a-half years, it was with the assumption that the Cons...

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Watchdog To 'Stop Discrimination In Its Tracks'

Reuters | Posted 04.19.2012

Read More: Richard Cordray, Gender Discrimination, Discriminatory Lending, Consumer Watchdog, Reuters, Cfpb, Discrimination, Richard Cordray Cfpb, Cfpb Discriminatory Lending, Racial Discrimination, Money News

By Dave Clarke WASHINGTON, April 18 (Reuters) - The new U.S. consumer financial watchdog said on Wednesday it will aggressively pursue...

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Paying For College Just Got A Bit Easier

Posted 04.11.2012

Read More: Richard Cordray, Student Debt, Financial Aid Comparison, Cfpb, Financial Aid, Student Loan Debt Bomb, Student Loans, Student Loan Debt, Cost of College, Money News

As millions of high school students receive college acceptance letters inviting them to embark on one of the most expensive journeys of their lives, t...

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8 Ways The Government Is Grappling With Student Loans

The Huffington Post | Tyler Kingkade | Posted 03.30.2012

Sen. Dick Durbin (D-Ill.) thinks Congress should change the law to allow borrowers to have their debt from private student loans wiped clean when fili...

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How Do I Get Rid Of My Crap Mortgage?

HuffingtonPost.com | Ben Hallman | Posted 03.29.2012

Read More: Richard Cordray, Hsbc, Foreclosure Crisis, Truth in Lending Act, Subprime Mortgages, Consumer Financial Protection Agency, Bad Mortgage Case, Foreclosure, Bad Mortgage, Money News

How many hoops do homeowners have to jump through to shake off a bad mortgage? This question is at the heart of a growing area of law as judges acr...

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Got Finance Questions? Gov't Site Offers Help

Posted 03.22.2012

Read More: Richard Cordray, Credit Card Questions, Consumer Financial Protection Bureau, Consumer Financial Protection Agency, Cfpb, Credit Scores, Mortgage Questions, Student Loans, Money News

It's not quite Siri, but a new online question and answer tool created by the Consumer Financial Protection Bureau is gunning to be the most comprehen...

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It's Time for a "Regulatory Cocktail" Against Unethical Debt Collectors

Bill Bartmann | Posted 05.21.2012

Read More: Lori Swanson, Richard Cordray, Bill Bartmann, Martha Coakley, Darrell McGraw, Greg Abbott, Lisa Madigan, Mike deWine, Debt Collectors, Debt Collection, Business News

Many U.S. attorneys general are working with each other and with the federal government to control and eventually eradicate the scourge that is unethical debt collectors, because just one strategy alone seems not to be enough.

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California Tells Debt Buyers to "Prove It"

Bill Bartmann | Posted 05.19.2012

Read More: Richard Cordray, Senator Mark Leno Fair Debt Buyer Practices Act, California Department of Consumer Affairs, Kamala Harris, California Debt, California, California Debt Laws, Business News

State Senator Mark Leno has sponsored Senate Bill 890, also known as the "Fair Debt Buyer Practices Act." If signed into law, it will correct injustices that Californians have endured for years.

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Make My Phone Stop Ringing and You Just Might End Up in the White House!

Bill Bartmann | Posted 05.07.2012

Read More: Richard Cordray, Attorney General Greg Abbott, Consumer Debt, Debt, 2012 Presidential Election, 2012 Election, Consumer Financial Protection Bureau, Debt-Collection, Debt Collection, Attorny General Lori Swanson, 2012 U.S. Election, Consumer Protection, Elections 2012, Politics News

The targets for debt collectors have doubled in the last decade, with 14 percent of U.S. consumers today subject to debt collection. This 14 percent represents tens of millions of voters.

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CFPB Crowdsources Nominations For Key Advisory Posts

HuffingtonPost.com | Zach Carter | Posted 02.23.2012

Read More: Consumer Advisory Board, Richard Cordray, Video, Dodd-Frank, Consumer Financial Protection Bureau, Financial Reform, Economy, Fed, Cfpb, Crowdsourcing, Regulation, Jobs, Federal Reserve, Obama, Subprime, Consumer Protection, Housing Bubble, Politics News

WASHINGTON -- In a significant break with traditional federal policy, the new Consumer Financial Protection Bureau is appealing directly to the public...

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Bank of America Can Charge You This Much In Fees In One Day

The Huffington Post | Catherine New | Posted 02.23.2012

Read More: Richard Cordray, Checking Accounts, Bank Accounts, Bank Fees, Class Action Lawsuits, Consumer Financial Protection Agency, Cfpb, Move Your Money, Bank of America, Overdraft Fees, Closing Bank Accounts, Debit Cards, Video, Business News

Bank of America can lift at least $140 in fees off a customer in one day if he or she doesn't have enough money in the bank. That is the high cost...

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Harry Reid: I'll Ask Obama To Recess Appoint All Nominees If GOP Delays Continue

HuffingtonPost.com | Jennifer Bendery | Posted 02.17.2012

Read More: Richard Cordray, Video, Senate Nominees, Obama Nominations, Recess Appointments, Senate Nominations, Mike Lee, Harry Reid Recess Appointments, Harry Reid, Mike Lee Recess Appointments, Obama Recess Appointments, Obama Nominees, Politics News

WASHINGTON -- Senate Majority Leader Harry Reid (D-Nev.) fired a warning shot to Republicans on Friday: Stop blocking President Barack Obama's executi...

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Consumer Watchdog's Latest Targets

AP | DANIEL WAGNER | Posted 04.17.2012

Read More: Richard Cordray, Debt Collectors, Video, Consumer Agency, Consumer Financial Protection Bureau, Cfpb, Business News, Consumer Protection, Business News

WASHINGTON — The nation's new cop on the consumer-finance beat is zeroing in on debt collectors and credit reporting companies. The Consumer Fi...

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Alabama's Largest City Looks For Alternatives To Payday Lenders

The Huffington Post | Alexander Eichler | Posted 02.10.2012

The biggest city in Alabama is putting its payday lenders on notice. Bankers and community leaders in Birmingham, Alabama met Thursday to discuss d...

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GOP Senators Promise To Join Suit Against Obama Recess Appointments

HuffingtonPost.com | Michael McAuliff | Posted 02.04.2012

Read More: Richard Cordray, John Cornyn, Video, Consumer Financial Protection Bureau, Recess Appointments, Cfpb, Republican Senators, Obama Recess Appointments, Obama Recess Appointments Lawsuit, Republicans Recess Appointments, NLRB Recess Appointments, Politics News

WASHINGTON -- A group of 39 Republican senators signed on to a letter Friday promising to join lawsuits against President Obama's recent recess appoin...

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While Mitt And Newt Flail, It's Time For You To Be Bold, Mr. President

Pearl Korn | Posted 04.04.2012

Read More: Supreme Court, Richard Cordray, Super Pac, Congress, Obama Reelection, Capital Gains Taxes, Consumer Protection Financial Bureau, Elections 2012, Mitt Romney, Citizens United, Voter Suppression, Barack Obama, Citizens United v. Federal Election Commission, Wall Street, Bailout, Conservatives, 2012 Election, Occupy Wall Street, Affordable Care Act, Newt Gingrich, Tea Party, Healthcare, State of the Union, Republicans, Politics News

Take the money out of politics, protect Americans right to vote, and make it easier for more Americans to exercise their Constitutional rights -- three issues it's hard to oppose and can help bolster your credentials as a man of the People, Mr. President.

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Rent-A-Center CEO: New Consumer Bureau Won’t Have Authority Over Us

HuffingtonPost.com | Alice Hines | Posted 02.03.2012

Read More: Richard Cordray, Dodd-Frank, Consumer Financial Protection Bureau, Cfpb, National Consumer Law Center, Rent-to-Own, Aaron's, Super Bowl, Rent a Center, Business News

Ahead of Sunday's Super Bowl, many cash-strapped football fans will head to Rent-A-Center, America's largest "rent-to-own" retailer, to look for TVs. ...

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Scott Brown Finds Love For Obama

AP | STEVE LeBLANC | Posted 04.03.2012

Read More: Richard Cordray, Scott Brown, Elizabeth Warren, Obama, Massachusetts Senate Race, Scott Brown Obama, Video, Politics News

BOSTON — During the 2010 special election to fill the seat left vacant by the death of U.S. Sen. Edward Kennedy, then-candidate Scott Brown vowe...

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Stop Over-the-Top Attacks on the Office of Legal Counsel, and Focus on Governing

Caroline Fredrickson | Posted 04.03.2012

Read More: Richard Cordray, Acs, Richard Painter, Judicial Nominations, Recess Appointments, Michael J. Gerhardt, Caroline Fredrickson, Jack Goldsmith, Assistant Attorney General Virgina Seitz, U.S. Sen. Mike Lee, Office of Legal Counsel, Olc, American Constitution Society, Consumer Financial Protection Bureau, Obstructionism, Sen.CharlesGrassley, Senate, Politics News

Please -- cut the hyperbole, senators, and get back to work.

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Sen Mike Lee Vows To Block Obama's Nominees, Uses PAC To Raise Money Off Effort

HuffingtonPost.com | Jennifer Bendery | Posted 02.01.2012

Read More: Richard Cordray, Senator Mike Lee, Video, Mike Lee Nominees, Cfpb, Recess Appointments, Mike Lee, Mike Lee Recess Appointments, Obama Recess Appointments, CFPB Nominee, Mike Lee Fundraising, CFPB NLRB, Politics News

WASHINGTON -- Sen. Mike Lee (R-Utah) insists it is the Constitution, not politics, driving his vow to unilaterally block all of President Barack Obama...

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Cordray Faces Tough Crowd At First Senate Hearing

AP | By MARCY GORDON | Posted 01.31.2012

Read More: Richard Cordray, Senate Hearing, Video, Obama Appointments, Obama Appointment, Obama Special Appointment, Cordray, GOP Senators, Politics News

WASHINGTON -- Republicans on Tuesday welcomed Richard Cordray to his first Senate hearing as director of the new Consumer Financial Protection Bureau ...

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Consumers Mostly Complain About Credit Cards To New Agency

HuffingtonPost.com | Ben Hallman | Posted 01.31.2012

Read More: Richard Cordray, Annual Report, Identity Theft, Mortgage Servicers, Cfpb, Billing Disputes, Mortgage Loans, Credit Cards, Business News

The new Consumer Financial Protection Bureau has received about 12,000 complaints over the past six months from consumers who had problems with their ...

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GOP Boycott Of Consumer Finance Watchdog Fizzles

HuffingtonPost.com | Michael McAuliff | Posted 01.31.2012

Read More: Richard Cordray, Video, Senate, Richard Cordray Boycott, Consumer Financial Protection Bureau, Cfpb, Recess Appointments, Obama Recess Appointments, Richard Cordray Cfpb, Republicans Richard Cordray, Politics News

WASHINGTON -- A Republican boycott of the first official Senate testimony of President Obama's consumer finance watchdog fizzled Tuesday, as only half...

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Scott Brown's Strategic Silence On Stock Ownership

HuffingtonPost.com | Max J. Rosenthal | Posted 03.26.2012

Read More: Scott Brown, Richard Cordray, Elizabeth Warren, Insider Trading, Dodd-Frank, Stocks, President Obama, Elizabeth Warren Scott Brown, Obama, Scott Brown Elizabeth Warren, Richard Cordray Cfpb, Scott Brown Stock Act, Barack Obama, Video, Scott Brown Bank of America, Scott Brown Massachusetts, Cfpb, Scott Brown Stock Bill, Consumer Protection, Scott Brown Banks, State of the Union, STOCK Act, Congress-Insider-Trading, Politics News

WASHINGTON -- Sen. Scott Brown (R-Mass.) is touting President Barack Obama's call for legislation banning insider trading by members of Congress as a ...

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Obama-Appointed Watchdog Taking Tough Stand

AP | DANIEL WAGNER | Posted 03.25.2012

Read More: Richard Cordray, Video, Recess Appointment, Richard Cordray Cfpb, Richard Cordray Nomination, Consumer Protection, Cordray CFPB, Financial Regulation, Cordray, Politics News

WASHINGTON — The government's new consumer finance watchdog agency is prepared to sue companies that offer unfair or deceptive mortgages and cre...

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