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Richard Cordray

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Top Richard Cordray Articles see all

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  • As more seniors rely on reverse mortgages, troubles beckon for heirs

    A new government report shows many seniors are taking out reverse mortgages on their homes without fully understanding the ramifications, leading to foreclosures among borrowers and a tangle of problems for heirs after the borrower dies.
  • How to choose a financial adviser who's right for you

    How to choose a financial adviser who's right for you
    Some financial advisers are riddled with conflicts of interest, making extra cash for themselves when they put your money in bad investments. Hidden fees and sales commissions can secretly gobble up thousands of your hard-earned dollars. That said,...

    Corinthian students to get $480 million relief from 'predatory' loans

    Corinthian students to get $480 million relief from 'predatory' loans
    Students who took out private loans while attending schools owned by the for-profit Corinthian Colleges Inc. will be eligible for 40% reductions in their loan balances. The U.S. Consumer Financial Protection Bureau announced the private student loan...

    Lenders criticize consumer agency's mortgage tool

    Lenders criticize consumer agency's mortgage tool
    An online, interactive mortgage tool for consumers sounds pretty simple and straightforward, but the Consumer Financial Protection Bureau's recent development of one hasn't been particularly well-received by the lending community. In fact, David...

    Exterior replacement projects offer best bang for buck

    Exterior replacement projects offer best bang for buck
    Remodeling a home this year may not pack quite the punch it has during the past few years. While costs for the work have continued to increase, the payback in terms of home appreciation isn't as great, according to real estate agents who helped...