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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 45-55
  • In the Senate, crisis averted — for now

    In the Senate, crisis averted — for now
    Faced with another crisis over one of its least democratic traditions, the U.S. Senate appears to have blown off enough steam to avoid a messy and divisive showdown over the use of the filibuster. Senate Majority Leader Harry Reid and a handful of...
  • The Senate preserves the filibuster, averts partisan fallout

    In a now-familiar routine in Washington, lawmakers walked right up to the brink of disaster Monday, only to pull back Tuesday. This time, though, the source of the drama was the Senate, where Majority Leader Harry Reid (D-Nev.) threatened to end the...
  • Deal to avoid 'nuclear option' clears path for Perez

    Deal to avoid 'nuclear option' clears path for Perez
    Senate leaders struck a deal Tuesday to avoid a showdown over the use of filibusters, ending a political drama and clearing the way for Marylander Thomas E. Perez to win confirmation as head of the Labor Department. After days of escalating rhetoric,...
  • Senate confirms Richard Cordray as consumer bureau chief

    Senate confirms Richard Cordray as consumer bureau chief
    WASHINGTON — The nation's consumer watchdog for credit cards, mortgages and other financial products is set to emerge from a legal cloud that threatened its authority after a Senate deal paved the way for confirmation of its director. After...
  • Bernanke: Markets starting to understand Fed's stimulus message

    Bernanke: Markets starting to understand Fed's stimulus message
    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...
  • Senate confirms Thomas E. Perez as Labor secretary

    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...
  • Mortgage lender accused of paying illegal bonuses for costlier loans

    Mortgage lender accused of paying illegal bonuses for costlier loans
    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...
  • Regulators accuse Cash Call of improperly collecting from borrowers

    Regulators accuse Cash Call of improperly collecting from borrowers
    Federal regulators on Monday sued Anaheim online lender CashCall Inc., accusing the company of unlawfully collecting money from borrowers. The Consumer Financial Protection Bureau said CashCall violated federal lending laws in at least eight states...
  • Maryland to receive $88 million of $2.1 billion national settlement

    Maryland to receive $88 million of $2.1 billion national settlement
    Maryland expects to receive about $88 million of a $2.1 billion national settlement reached with Ocwen Financial Corp. over "systematic misconduct" in the mortgage servicer's handling of loans. Announced Thursday, the deal settles a federal complaint...
  • Ocwen settlement to benefit 25,000 current, former Illinois homeowners

    Ocwen settlement to benefit 25,000 current, former Illinois homeowners
    Ocwen Financial Corp. will provide $2 billion in principal reductions to underwater borrowers, as well as refund $125 million to almost 185,000 borrowers who lost their homes to foreclosure, under a settlement announced Thursday that resolves...
  • Ally Financial pays $98 million to settle auto lending bias probe

    Ally Financial pays $98 million to settle auto lending bias probe
    Ally Financial Inc., a former General Motors Corp. lending arm that taxpayers bailed out during the financial crisis, will pay $98 million to settle federal government allegations that car dealers overcharged blacks, Latinos and Asians for Ally’s...