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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...
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
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
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...
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...
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...
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...
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......
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...
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...
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...
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...
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.