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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 34-44
  • Consumer bureau suit says debt-relief firm charged improper fees

    Consumer bureau suit says debt-relief firm charged improper fees
    WASHINGTON -- The federal government's consumer financial watchdog on Tuesday sued Morgan Drexen Inc., of Costa Mesa, alleging it charged more than 22,000 customers millions of dollars in illegal upfront fees to help them resolve outstanding debts....
  • Consumer Financial Protection Bureau is keeping banks in check

    Michael Barr served as the U.S. Treasury Department's assistant secretary for financial institutions in 2009 and 2010. He oversaw the Obama administration's dealings with Congress in creating the Consumer Financial Protection Bureau. And he's still...
  • New mortgage disclosure forms to roll out in August 2015

    New mortgage disclosure forms to roll out in August 2015
    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. The Consumer...
  • Consumer bureau fines payday lender Cash America, orders refunds

    Consumer bureau fines payday lender Cash America, orders refunds
    WASHINGTON -- In its first enforcement action against a payday lender, the Consumer Financial Protection Bureau on Wednesday fined Cash America International $5 million and ordered $14 million in refunds for overcharging customers, robo-signing...
  • U.S. to begin regulating largest student-loan servicing firms

    U.S. to begin regulating largest student-loan servicing firms
    Students who get the runaround from companies handling their college loans soon may get help from the federal government. The Consumer Financial Protection Bureau said it will begin regulating the nation's largest student-loan servicing firms, which...
  • Celebrating Obama's Reversals

    Rep. Jeb Hensarling, R-Texas, chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision. Barack Obama used a recess appointment to make...
  • Lenders venturing back into subprime market

    Lenders venturing back into subprime market
    Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway. After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted banking — a subprime loan. The...
  • Protege tus finanzas con ayuda en español

    Protege tus finanzas con ayuda en español
    Buenas noticias para los consumidores hispanos del sur de Florida! La Oficina para la Protección Financiera del Consumidor (CFPB) lanzó esta semana su sitio web en español: www.consumerfinance.gov/es, que también puedes usar en tu móvil, y que te...
  • Federal regulators probing real estate kickback schemes

    WASHINGTON — A settlement between the federal Consumer Financial Protection Bureau and a Texas home builder is drawing renewed attention to a controversial issue that was prominent during the years preceding the housing bubble: kickbacks in home...
  • Key Republican drops opposition to EPA nominee

    Key Republican drops opposition to EPA nominee
    WASHINGTON – A key Republican senator has dropped his objection to Gina McCarthy’s confirmation to lead the Environmental Protection Agency, potentially clearing her path as Republicans seek to head off Democratic efforts to change Senate...
  • Perez confirmation vote hangs on Senate's 'nuclear option' debate

    Perez confirmation vote hangs on Senate's 'nuclear option' debate
    Thomas E. Perez, the Marylander nominated by President Barack Obama to lead the U.S. Department of Labor, is set to face a critical vote in the Senate this week that puts his confirmation in the middle of a blistering battle over the use of the...