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Richard Cordray

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Top Richard Cordray Articles see all

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  • Mortgage fraud is alive and well

    If you thought the bad guys had left the mortgage business for greener pastures, think again. The thieves are still out there, ready to separate you from your money. But at the same time, many of us are still not above stretching the truth a little when we are trying to obtain financing.
  • Would a GOP Senate foretell change for consumer agency?

    WASHINGTON At 3 years old, the controversial Consumer Financial Protection Bureau has survived opponents' attempts to dismantle it and is busy rolling out new regulations and doling out punishment to companies accused of bilking consumers. But the bureau...

    Group claims it has erased some students' debts

    Group claims it has erased some students' debts
    An affiliate of Occupy Wall Street claims to have eliminated $3,856,866.11 worth of student loans in a program dedicated to buying debt. The Rolling Jubilee, a project of Occupy offshoot Strike Debt, used about $107,000 of donated money to buy the loans...

    U.S. consumer bureau sues Corinthian, alleging predatory lending

    The U.S. Consumer Financial Protection Bureau sued Corinthian Colleges Inc. on Tuesday, alleging that the ailing Orange County for-profit college operator deceived tens of thousands of students through an "illegal predatory lending scheme." The...

    U.S. consumer watchdog accuses Corinthian Colleges of predatory loans

    WASHINGTON (Reuters) - The U.S. consumer finance watchdog on Tuesday sued Corinthian Colleges for alleged predatory lending, saying that the for-profit institute lured students into taking out private student loans by touting "bogus" job prospects and...