| 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...
| Feb 26, 2014
| 11:29 AM
[Updated 1:45 p.m. PST Feb. 26: This post has been updated to include a response from ITT Educational Services and to reflect the closing stock price.]
In its first action against a company in the for-profit college industry, the federal Consumer...
| Feb 28, 2014
| 5:49 AM
WASHINGTON -- With few Americans checking their credit scores annually, a top financial regulator is urging banks to make the information more easily available by including it for free on monthly credit card bills.
The request from Richard Cordray,...
| Dec 16, 2013
| 6:34 PM
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...
| Dec 19, 2013
| 4:39 PM
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...
| Dec 20, 2013
| 11:19 AM
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...
| Jun 11, 2013
A federal agency has added complaints about credit reports to its growing public database of complaints about financial matters. You can search the database to see if other people are having the same problems as you, and whether they were......