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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 56-66
  • Report cites mortgage servicing problems at banks, nonbanks

     
    The Consumer Financial Protection Bureau issued a report Wednesday that says banks and nonbanks have problems handling mortgages. The report cites sloppy account transfers and poor payment processing. “Our examinations of banks and nonbanks allow us...
  • Wish list for new director of Consumer Financial Protection Bureau

    Wish list for new director of Consumer Financial Protection Bureau
    To: Richard Cordray, Director Consumer Financial Protection Bureau Dear Mr. Cordray: First, congratulations on your appointment to lead the Consumer Financial Protection Bureau. Unless the banking interests have their way, your appointment is expected...
  • GOP's anti-democratic tantrum

    GOP's anti-democratic tantrum
    "Balanced." "Fair-minded." Showing "great personal integrity." These are some of the terms a bipartisan group of 37 state attorneys general used to describe former Ohio Attorney General Richard Cordray, President Barack Obama's nominee for director of the...
  • CFPB takes first step toward regulating prepaid cards

    Prepaid debit cards have been called the Wild West because of their rapid growth, uncontrollable fees and little regulation. That soon may change — or at least the regulation part. The Consumer Financial Protection Bureau is taking its first ...
  • University of Maryland pledges to make financial aid transparent

    University of Maryland system is among 10 colleges and universities promising to make financial aid transparent to students. It’s part of an Obama Administration effort to make sure incoming students understand what they’re getting into. The...
  • Congress Should Dismantle Consumer Bureau

    There can be unseemly exposure of the mind as well as of the body, as the progressive mind is exposed in the Consumer Financial Protection Bureau, a creature of the labyrinthine Dodd-Frank legislation. Judicial dismantling of the CFPB would affirm the...
  • CFPB to begin to oversight of credit bureaus

    Credit bureaus collect all sorts of information about us from creditors, and this information is used to make decisions about whether we deserve a loan, a job or an apartment.  There are some 400 credit bureaus in the United States, but oversight has been...
  • CFPB orders Capital One Bank to refund $140 million to consumers

    Updated with Capital One's response In its first enforcement action, the Consumer Financial Protection Bureau has ordered Capital One Bank to refund $140 million to about two million customers. On top of that, the bank must pay a $25 million civil...
  • Billionaires keep pouring millions into 'super PACs'

    Billionaires keep pouring millions into 'super PACs'
    Billionaire political patrons filled the coffers of the presidential "super PACs" last month, spotlighting once again the enormous influence a tiny cadre of wealthy donors is having on the 2012 race. The biggest donations came from casino magnate Sheldon...
  • Discriminatory lenders beware: Consumer watchdog is cracking down

    Discriminatory lenders beware: Consumer watchdog is cracking down
    Lenders who discriminate on the basis of certain demographics when dealing with auto loans, mortgages, credit cards, student loans and more are now in the cross hairs of the new Consumer Financial Protection Bureau. The watchdog declared war Wednesday...
  • Obama to defy Senate Republicans and appoint CFPB director

    Obama to defy Senate Republicans and appoint CFPB director
    Republicans in the Senate have refused vote for any director of the new Consumer Financial Protection Bureau until the agency is weakened. Without a director, the CFPB's powers are more limited. This morning, the White House announced it would appoint...