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Why Obama's recess battle really matters
It's easy to ignore President Barack Obama's dispute with Senate Republicans over his recess appointments if you don't care what the government is doing with your money. But if you do, this fight is about a lot more than whether one man gets a new job....Tags: U.S. Senate, Barack Obama, George W. Bush, Parties and Movements, Finance
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University of Maryland pledges to make financial aid transparent
University of Maryland system is among 10 colleges and universities promising to make financial aid transparent to students. It’s part of an Obama Administration effort to make sure incoming students understand what they’re getting into. The...Tags: University of Maryland, College Park, Joe Biden, Arne Duncan, Financial Aid, Colleges and Universities
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|Column
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Wish list for new director of Consumer Financial Protection Bureau
To: Richard Cordray, Director
Consumer Financial Protection Bureau
Dear Mr. Cordray:
First, congratulations on your appointment to lead the Consumer Financial Protection Bureau.
Unless the banking interests have their way, your appointment is expected...Tags: Federal Trade Commission, Credit and Debt, Teaching and Learning, Crime, Law and Justice, Students
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Do credit bureaus have constitutional right to report negative information about customers -- forever?
Interesting case going on in a federal district court in eastern district of Pennsylvania. A woman sued General Information Services, Inc., a credit reporting agency, for reporting dismissed criminal charges against her that were more than seven years...Tags: Crime, Law and Justice, Laws, Civil Laws
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Consumer bureau to propose new rules for mortgage servicers
Anyone who has ever fought with a lender over a lost or misapplied house payment should be heartened by the latest news from the new federal mortgage industry watchdog. The Consumer Financial Protection Bureau plans to propose a straightforward...Tags: Financial and Business Services, Finance, Richard Cordray, Mortgages, Economy, Business and Finance
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CFPB takes first step toward regulating prepaid cards
Prepaid debit cards have been called the Wild West because of their rapid growth, uncontrollable fees and little regulation. That soon may change — or at least the regulation part. The Consumer Financial Protection Bureau is taking its first ...Tags: Federal Deposit Insurance Corporation, Richard Cordray, Consumers
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Background check firms could use a background check
With jobs still scarce, employers can be choosier than ever before when deciding whom to hire. Many use background checks to help them make wise choices. But who's checking on the background check companies to make sure they are doing a good job? Several...Tags: Federal Trade Commission, Allentown, Crime, Law and Justice, Career and Workplace, Companies and Corporations
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CFPB releases nearly 2,000 comments on private student loans
When borrowers complain about student loan debt it is most likely they are talking about private education loans. And the Consumer Financial Protection Bureau has been getting an earful of complaints about these types of loans that don't have the...Tags: Loans, Teaching and Learning, Crime, Law and Justice, Colleges and Universities, Citigroup Incorporated
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Financial aid award letters often lack transparency and wind up confusing students and parents
When you buy a house, you know the price and your monthly payment. The same with a car. But when it comes to a college education, students often don't have a clear idea of what they'll end up paying or whether one school is offering a better aid...Tags: Financial Aid, Barack Obama, Benjamin L. Cardin, White House, Teaching and Learning
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New Website Shows Complaints About Credit Card Companies
The Consumer Financial Protection Bureau launched a new website Tuesday showing consumer complaints against credit card companies. It will eventually include complaints about student loans and mortgage companies. Since last July, the bureau has...
Tags: Credit and Debt, Companies and Corporations, Economy, Business and Finance, Consumers
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CFPB releases online database on credit card complaints
The Consumer Financial Protection Bureau has been accepting consumer complaints about credit cards for close to a year. Today, the agency made a database of those complaints available online. You can see the names of the card issuers griped about, the...Tags: Credit and Debt, Finance, Companies and Corporations, Mortgages, Economy, Business and Finance
Jan 11, 2012
|Story| Chicago Tribune
Jun 5, 2012
|Story| Baltimore Sun
Oct 26, 2011
|Column| KTLA-LTV
Jan 9, 2012
|Story| Baltimore Sun
May 8, 2012
|Story| Baltimore Sun
May 6, 2012
|Story| Los Angeles Times
May 23, 2012
|Story| Baltimore Sun
Jun 9, 2012
|Column| Allentown Morning Call
Jun 13, 2012
|Story| Baltimore Sun
Jun 17, 2012
|Story| Baltimore Sun
Jun 19, 2012
|Story| WPMT-LTV
Jun 19, 2012
|Story| Baltimore Sun
Original site for U.S. Consumer Financial Protection Bureau topic gallery.