Highlights
A collection of news and information related to Richard Cordray published by this site and its partners.
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Nuking the filibuster
In requiring the U.S. Senate to confirm presidential appointments, the Constitution aims to ensure a second level of scrutiny of the qualifications of government officials. But Senate Republicans have hijacked the confirmation process, not only to...
Tags: Work Relations, Barack Obama, Elections, Crime, Law and Justice, Republican Party
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Signs of grown-ups in charge
WASHINGTON -- Rep. Jeb Hensarling, R-Texas, chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision. Barack Obama used a recess...
Tags: Finance, Ron Wyden, International Olympic Committee, Economy, Business and Finance, Local Government
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Column: Signs of grown-ups in charge
Rep. Jeb Hensarling, R-Texas, chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision. President Barack Obama used a recess...Tags: White House, Barack Obama, Finance, International Olympic Committee, Economy, Business and Finance
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Lenders venturing back into subprime market
Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway. After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted banking — a subprime loan. The...
Tags: Finance, Freddie Mac, Economy, Business and Finance, Homes, Interior Policy
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Republicans intensify pressure to limit powers of consumer agency
WASHINGTON — Republicans have stepped up their pressure to limit the wide-ranging powers of the nation's watchdog over consumers' money matters. The head of a key House committee overseeing the Consumer Financial Protection Bureau said he would no...
Tags: White House, Work Relations, Finance, Barack Obama, Economy, Business and Finance
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Payday loans trap people in a cycle of debt, U.S. watchdog says
Payday loans often trap consumers in a cycle of debt, a new report by the federal government finds. The Consumer Financial Protection Bureau found that the average consumer took out 11 loans during a 12-month period, paying a total of $574 in fees...Tags: Consumers, Finance, Community Financial Corporation, Economy, Business and Finance, U.S. Consumer Financial Protection Bureau
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House chairman bars consumer bureau chief from testifying
WASHINGTON -- The head of the Consumer Financial Protection Bureau will deliver his semi-annual report to the Senate Banking Committee on Tuesday morning, but he's not welcome to do the same before a House panel. House Financial Services Committee...
Tags: Work Relations, Finance, Crime, Law and Justice, Economy, Business and Finance, Republican Party
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Consumer agency urges standards for financial advisors to seniors
WASHINGTON — Older Americans can be confused by dozens of special designations for financial advisors for seniors, and government officials should set strict standards for training and conduct to prevent abuses, according to a new federal report....Tags: Consumers, U.S. Securities and Exchange Commission, U.S. Consumer Financial Protection Bureau, Financial and Business Services, Personal Finance
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Agency wants more rules governing financial advisors for seniors
WASHINGTON -- Older Americans can be confused by dozens of special designations for financial advisors for seniors, and government officials should set strict standards for training and conduct to prevent abuses, according to a federal report released...
Tags: U.S. Securities and Exchange Commission, Consumers, U.S. Consumer Financial Protection Bureau, Financial and Business Services, Personal Finance
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Regulators probing alleged mortgage insurance kickback scheme
WASHINGTON — Federal regulators are conducting an extensive investigation into an alleged mortgage insurance kickback scheme that pushed up costs for home buyers dating from the mid-1990s. The Consumer Financial Protection Bureau, in disclosing...
Tags: U.S. Department of Housing and Urban Development, Finance, Economy, Business and Finance, Punishment, Bribery
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Feds fine four mortgage insurers $15 million for alleged kickbacks
WASHINGTON -- Federal regulators hit four national private mortgage insurance companies Thursday with a combined $15.4 million in fines to settle allegations of making improper kickbacks to lenders to steer consumer business to them. The fines, which...
Tags: U.S. Department of Housing and Urban Development, Finance, Economy, Business and Finance, Punishment, Genworth Financial Inc
May 17, 2013
| South Florida Sun-Sentinel
May 15, 2013
|Story| Los Angeles Times
Apr 29, 2013
|Story| Orlando Sentinel
Apr 28, 2013
|Story| Aberdeen News
Apr 27, 2013
|Story| Los Angeles Times
Apr 23, 2013
|Story| Los Angeles Times
Apr 23, 2013
|Story| Los Angeles Times
Apr 23, 2013
|Story| Los Angeles Times
Apr 19, 2013
|Story| Los Angeles Times
Apr 18, 2013
|Story| Los Angeles Times
Apr 4, 2013
|Story| Los Angeles Times
Apr 4, 2013
|Story| Los Angeles Times
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