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Richard Cordray

A collection of news and information related to Richard Cordray published by this site and its partners.

Top Richard Cordray Articles

Displaying items 12-22
  • 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...
  • New rules would boost consumer protections for prepaid cards

    The nation's top consumer financial watchdog is taking aim at the booming but lightly regulated prepaid card industry with new rules to protect customers from the vagaries of bank-like operations. The proposal to be released Thursday by the Consumer...
  • Medical debt makes up half of all overdue debt on credit reports, new study says

    Medical debt makes up half of all overdue debt on credit reports, new study says
    Even someone who has a good job and pays all of their bills on time can end up with a black mark on their credit report because of an unexpected medical bill, which is troubling, a federal agency said Thursday in a report offering insight into the medical...
  • U.S. consumer bureau sues Corinthian, alleging predatory lending

    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...
  • ACE Cash Express to pay $10 million over 'cycle of debt' allegations

    ACE Cash Express to pay $10 million over 'cycle of debt' allegations
    ACE Cash Express, a leading payday lender, has agreed to pay $10 million to settle federal allegations it used false threats of lawsuits and other illegal tactics to pressure customers with overdue loans to borrow more to pay them off. The Irving,...
  • Authorities crack down on mortgage-relief scams nationwide

    Federal and state officials filed lawsuits accusing dozens of companies of ripping off struggling homeowners by falsely promising help in avoiding foreclosures or lowering mortgage payments while collecting millions of dollars in illegal upfront fees....
  • 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...
  • U.S. Bank to pay penalties, refunds for services sold but not provided

    U.S. Bank to pay penalties, refunds for services sold but not provided
    Federal regulators have ordered U.S. Bancorp to pay $57 million in restitution and penalties for charging customers for identity-protection and credit-monitoring services they never received. The Consumer Financial Protection Bureau said Thursday that...
  • A timely warning from the feds: Bitcoins are the 'Wild West'

    The Consumer Financial Protection Bureau, that whipping boy of big-business conservatives everywhere, demonstrated its value to the average consumer this week by explaining the pitfalls of bitcoins and other such "virtual currencies." The key takeaway,...
  • Impac Mortgage rolls out loans with easier qualifying terms

    An Irvine mortgage company that pulled the plug on its higher-risk loans a year before the Great Recession has launched an array of rule-bending home loans nationwide — a sign of a thaw in tightfisted lending standards in place since the housing...
  • Banks rake in overdraft fees on small debit card purchases, CFPB finds

    Banks rake in overdraft fees on small debit card purchases, CFPB finds
    The majority of debit card overdrafts are caused by small purchases, resulting in many consumers paying more for overdraft protection than they spent on the transactions that triggered it, according to a study released Thursday by the Consumer Financial...