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Obama to nominate former prosecutor to lead SEC
WASHINGTON – President Obama will nominate Mary Jo White, a former prosecutor and one-time director of the Nasdaq stock exchange, to lead the Securities and Exchange Commission, a White House official said Thursday. Obama plans to make the...
Tags: Republican Party, Stock Market, Barack Obama, Politics, Elisse Walter
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Consumer advocates stress discrimination concerns despite new mortgage rule
Consumer advocates welcomed a federal effort aiming to prevent predatory mortgage lending at a town hall in Baltimore on Thursday, but expressed worries that new rules would not halt discrimination.
The Consumer Financial Protection Bureau unveiled a...Tags: Mortgages, Loans, Consumers, Banking, Discrimination
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New mortgage lending rules to limit loan options
The Consumer Financial Protection Bureau is planning a Thursday morning announcement of new lending rules that it hopes will move the mortgage market toward a sustainable middle ground, somewhere in between the free-wheeling days of no-documentation loans...
Tags: Mortgages, Freddie Mac, Consumers, Ben Bernanke, Federal Reserve
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Consumer agency director coming to Baltimore to announce new mortgage rule
Richard Cordray, the director of the Consumer Financial Protection Bureau, is expected to announce the issuance of a pioneering federal rule Thursday that is intended to help prevent a repeat of the risky mortgage lending that led to the recent housing...
Tags: Mortgages, Economy, Business and Finance, Freddie Mac, Money and Monetary Policy, U.S. Consumer Financial Protection Bureau
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CFPB coming to Baltimore to talk mortgage policy
The Consumer Financial Protection Bureau will hold a hearing in Baltimore on Thursday, Jan. 10, to talk about mortgage policy. This will be the first field hearing by the agency in Baltimore. It’s open to the public. Consumers can get a chance...Tags: Economy, Business and Finance, U.S. Consumer Financial Protection Bureau, Finance
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Specialty credit reporting firms are warned: Give free reports
WASHINGTON -- People need to monitor more than just the three largest credit reporting companies, and some specialty firms that track rent payments, employment history and insurance claims aren't providing a free annual report as required by law, a...
Tags: Labor Legislation, U.S. Consumer Financial Protection Bureau, Google+, Consumers, Equifax Incorporated
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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: Financial Aid, U.S. Consumer Financial Protection Bureau, Consumers, University of Maryland, College Park, Arne Duncan
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Capital One to refund $150 million to customers
Watchdog with Paul MuschickLast week it was Wells Fargo that was in trouble with the feds. Today, it's Capital One. Two federal agencies announced that 2.5 million customers will share about $150 million in refunds because the bank deceptively sold credit card services...... -
American Express: Maybe you should leave home without it
Watchdog with Paul MuschickAmerican Express is the latest bank to be accused of illegal credit card practices. Some cardholders may be entitled to refunds. The Consumer Financial Protection Bureau said today it issued orders requiring three American Express subsidiaries to refund... -
Congress Should Dismantle Consumer Bureau
The Hartford CourantThere can be unseemly exposure of the mind as well as of the body, as the progressive mind is exposed in the Consumer Financial Protection Bureau, a creature of the labyrinthine Dodd-Frank legislation. Judicial dismantling of the CFPB would affirm the...Tags: Consumers, Christopher Dodd, Banking, Federal Reserve, Barack Obama
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Agency needs day in court
Washington Post Writers GroupWASHINGTON — There can be unseemly exposure of the mind as well as of the body, as the progressive mind is exposed in the Consumer Financial Protection Bureau, a creature of the labyrinthine Dodd-Frank legislation. Judicial dismantling of the...Tags: Health Care Reform (2009), Consumers, Christopher Dodd, Judges, Banking
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Credit settlement spurs refund for cardholders
If you have a credit card, watch closely. About 6 million credit card users are going to receive money back on their cards. And it doesn't matter if you have a rewards card or not. The reward you are about to get is unique. It's supposed to make up...Tags: Economy, Business and Finance, Sales, Credit and Debt, U.S. Consumer Financial Protection Bureau, Elizabeth Warren
Jan 24, 2013
|Story| Los Angeles Times
Jan 10, 2013
|Story| Baltimore Sun
Jan 10, 2013
|Story| Chicago Tribune
Jan 10, 2013
|Story| Baltimore Sun
Jan 7, 2013
|Story| Baltimore Sun
Nov 29, 2012
|Story| Los Angeles Times
Jun 5, 2012
|Story| Baltimore Sun
Jul 18, 2012
| Allentown Morning Call
Oct 1, 2012
| Allentown Morning Call
Nov 16, 2012
|Column| Hartford Courant
Nov 18, 2012
|Story| Aberdeen News
Oct 12, 2012
|Column| Chicago Tribune
Original site for Richard Cordray topic gallery.