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Political kin, and politically dangerous
WASHINGTON -- The regulatory, administrative state, which progressives champion, is generally a servant of the strong, for two reasons. It responds to financially powerful and politically sophisticated factions. And it encourages rent-seekers to exploit...
Tags: Finance, U.S. Environmental Protection Agency, Freddie Mac, Executive Branch, Litigation and Regulation
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Agency wants more rules governing financial advisors for seniors
WASHINGTON -- Older Americans can be confused by dozens of special designations for financial advisors for seniors, and government officials should set strict standards for training and conduct to prevent abuses, according to a federal report released...
Tags: Consumers, Richard Cordray, U.S. Securities and Exchange Commission, Financial and Business Services, Personal Finance
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Housing legislation passes the General Assembly
The Baltimore SunIn addition to an extension of the Homestead Tax Credit application deadline, several other pieces of legislation relevant to homeowners passed both chambers of the General Assembly during the most recent session, which ended earlier this month. Gov....Tags: Laws, Judges, Services and Shopping, Jamin B. Raskin, Politics
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Broader complaint data now available for loan, mortgage and banking disputes
Watchdog with Paul MuschickFederal authorities this week released data on more than 90,000 complaints filed about mortgages, student loans, other loans and banking issues. The data expand on a previously released database of credit card complaints. The Consumer Financial Protection... -
Column: Political kin and politically dangerous
WASHINGTON — The regulatory, administrative state, which progressives champion, is generally a servant of the strong, for two reasons. It responds to financially powerful and politically sophisticated factions. And it encourages rent-seekers to...Tags: Finance, U.S. Environmental Protection Agency, Freddie Mac, Litigation and Regulation, Executive Branch
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Consumer group wants new student-loan payment, refinance options
Borrowers with student loans from private lenders need more flexible repayment plans and should be able to refinance at lower rates once they establish a solid record of making payments, a key advocate told the Consumer Financial Protection Bureau....
Tags: Money and Monetary Policy, Consumers, Loans
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Feds fine four mortgage insurers $15 million for alleged kickbacks
WASHINGTON -- Federal regulators hit four national private mortgage insurance companies Thursday with a combined $15.4 million in fines to settle allegations of making improper kickbacks to lenders to steer consumer business to them. The fines, which...
Tags: Finance, Fines, Corporate Crime, Genworth Financial Inc, Economy, Business and Finance
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Report: Banks aren't complying with mortgage settlement terms
Banks aren’t living up to pledges they made as part of a $26-billion settlement of government investigations into mortgage servicing and foreclosure abuses, according to an advocacy group’s survey of California housing counselors and lawyers....Tags: Office of the Comptroller of the Currency, Finance, Banking, Politics, Economy, Business and Finance
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Refs in robes intervene in super brawl
Change of Subjecto borrow a football metaphor, a federal appeals court threw the flag last week against the president of the United States for unsportsmanlike conduct. Specifically, a three-judge panel in the Washington, D.C., circuit ruled that President Barack Obama's... -
Political stalemate continues on Consumer Financial Protection Bureau
Watchdog with Paul MuschickThe Consumer Financial Protection Bureau has a director only because the president went around Congress and seated Richard Cordray through a recess appointment. Cordray, a former Ohio attorney general, was up for nomination again today, and the... -
If you got a gift card in your stocking, don't sock it away
Watchdog with Paul MuschickMy family has a pile of gift cards on the counter after yesterday's festivities. We'll try to use them as soon as we can, so we don't forget or lose them. You should, too, because if the business closes or...... -
New mortgage rules show just how out-of-touch the lending process is
Watchdog with Paul MuschickA federal agency is scheduled to announce new rules today governing how future mortgages can be made. The centerpiece of the rules is making sure borrowers can afford to repay the loans. Shouldn't that always have been the case? That's......
Apr 19, 2013
|Column| Orlando Sentinel
Apr 18, 2013
|Story| Los Angeles Times
Apr 18, 2013
|Story| Baltimore Sun
Mar 29, 2013
| Allentown Morning Call
Apr 17, 2013
|Story| Aberdeen News
Apr 5, 2013
|Story| Los Angeles Times
Apr 4, 2013
|Story| Los Angeles Times
Apr 3, 2013
|Story| Los Angeles Times
Jan 29, 2013
| Chicago Tribune
Mar 12, 2013
| Allentown Morning Call
Dec 26, 2012
| Allentown Morning Call
Jan 10, 2013
| Allentown Morning Call
Original site for U.S. Consumer Financial Protection Bureau topic gallery.
