| Jul 17, 2013
| 9:53 AM
WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke on Wednesday admitted there has been some confusion as the central bank has tried to explain plans to scale back its stimulus policies, but said he thought financial markets were "beginning to...
| Jul 18, 2013
| 10:01 AM
WASHINGTON — Thomas E. Perez was confirmed as secretary of Labor on Thursday, ending a long battle over his nomination in a key test of this week’s deal to end a showdown over Senate rules.
Perez, currently the nation’s top civil...
| Jul 23, 2013
| 1:10 PM
WASHINGTON -- The Consumer Financial Protection Bureau on Tuesday sued Castle & Cooke Mortgage, accusing it of paying illegal bonuses to employees who steered home buyers toward higher-interest loans.
The suit marks the first time a company has been...
| Dec 24, 2013
| 8:54 AM
Three American Express Co. subsidiaries have agreed to pay about $75 million in restitution and penalties for a variety of illegal practices involving hundreds of thousands of credit-card customers, regulators said Tuesday.
American Express Travel...
| Dec 26, 2013
| 3:15 PM
Federal regulators are taking a closer look at those restrictive contract provisions that force consumers to arbitrate disputes — barring them from suing a company individually or joining a class-action lawsuit.
And it doesn't look as if officials...
| Jan 10, 2014
| 2:54 PM
Few of the nontraditional home loans that triggered the financial crisis are still available, and lenders will have even more reason to avoid them now that the Consumer Financial Protection Bureau’s definition of presumably safe and sound...
| Jan 18, 2014
| 7:00 AM
Most of the risky mortgages that triggered the financial crisis have disappeared from the marketplace, and lenders will have even more reason to avoid them because of a new federal crackdown on loose lending.
But one housing-bubble favorite —...
| 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 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 20, 2013
| 11:41 AM
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...
| Dec 2, 2013
| 9:00 PM
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...