| Feb 22, 2014
| 2:30 AM
By Ilyce Glink and Samuel J. Tamkin
Q: In May 2005, I bought a condo in Miami for $385,000, with $140,000 down and the rest on a 6 percent, 30-year fixed-rate mortgage. Then I went through a lengthy divorce and ended up with title to the condo. Suffice...
| Feb 26, 2014
| 11:47 AM
The U.S. consumer watchdog said on Wednesday it has sued ITT Educational Services Inc for what the agency says are predatory student lending practices that could lead borrowers to default on their loans.
The U.S. Consumer Financial Protection Bureau...
| Dec 31, 2013
The Consumer Finance Protection Bureau recently brought its first lawsuit against an online lender, accusing CashCall of collecting payments that borrowers didn't owe. The suit sets up a fight over the new bureau's jurisdiction, but it's one the bureau...
| Jan 9, 2014
| 5:53 PM
| Nov 19, 2013
| 9:00 PM
WASHINGTON — The federal government's consumer financial watchdog will require lenders to issue shorter, easier-to-understand mortgage disclosure forms to home buyers that more clearly show the costs and terms of the loans.
| Nov 9, 2013
| 6:30 AM
Contrary to the claims in a Nov. 6 guest column, "Consumer protection bureau fails to protect," by Jeffrey H. Joseph, the CFPB is getting results for consumers and doing so in a transparent way. It's the first federal financial agency with just one job:...
| Nov 5, 2013
| 12:17 PM
A little-noticed yet significant report card was issued recently measuring the progress of the fledgling Consumer Financial Protection Bureau thus far.
The report by a Bipartisan Policy Center task force comes after almost a year's worth of in-depth...
| Nov 13, 2013
| 5:15 AM
The federal Bureau of Consumer Financial Protection has no congressional oversight, is supposed to be 10 times larger than the already corrupt IRS, and has no budget ("Consumer Financial Protection Bureau is doing its job," Nov. 9).
| Nov 5, 2013
| 9:00 PM
WASHINGTON — The federal government's consumer financial watchdog plans to crack down on the nation's 4,500 debt collectors with new regulations to ensure that collectors are going after the right people for the right amounts and aren't badgering...
| Nov 3, 2013
When Congress passed the Dodd-Frank law in 2010, it included a little-noticed provision requiring financial companies and banks to provide greater disclosure to customers sending money overseas. Last week, the new rules took effect, guaranteeing consumers...
| Aug 30, 2013
| 4:06 PM
The gig: As the founding chairman and chief executive of the nonprofit Latino Business Chamber of Greater Los Angeles, Jorge C. Corralejo, 63, has been a cheerleader for small to medium-size minority-owned businesses. The nonprofit group has five...