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    May 17, 2013 |Story| Los Angeles Times

  1. Short sales routinely show up in credit reports as foreclosures

    WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a mutually agreeable resolution with their lender?
    WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...

    Tags: Federal Housing Administration, Foreclosures, Housing Industry, Services and Shopping, The Washington Post

    2. May 18, 2013 |Story| Hartford Courant

  2. When short sales leave sellers short

    Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a...

    Tags: Federal Housing Administration, Finance, Mortgages, Consumers, Housing Industry

    3. May 16, 2013 |Story| Reuters

  3. Republicans advance bill to tie U.S. student loan rates to markets

    Reuters
    By Elvina Nawaguna WASHINGTON, May 16 (Reuters) - Republicans in control of the House Education and the Workforce Committee voted on Thursday to advance legislation tying student loan interest rates to the financial markets, a plan they said would give...

    Tags: George Miller III, U.S. Congress, Money and Monetary Policy, Barack Obama, U.S. House Committee on Education and the Workforce

    4. May 15, 2013 |Story| Reuters

  4. U.S. Senate to hold vote on consumer watchdog director next week

    Reuters
    By Emily Stephenson May 15 (Reuters) - U.S. Senate Democratic leaders plan to hold a vote next week on President Barack Obama's choice to lead the Consumer Financial Protection Bureau, a Senate Democratic aide said on Wednesday, but they are not expected...

    Tags: Elizabeth Warren, Elections, U.S. Congress, Harry Reid, Barack Obama

    5. May 15, 2013 |Story| Reuters

  5. Senate to hold vote on consumer watchdog director next week

    Reuters
    (Reuters) - Senate Democratic leaders plan to hold a vote next week on President Barack Obama's choice to lead the Consumer Financial Protection Bureau, a Senate Democratic aide said on Wednesday, but they are not expected to muster enough votes to...

    Tags: Elizabeth Warren, Elections, U.S. Congress, Harry Reid, Barack Obama

    6. May 15, 2013 |Story| Los Angeles Times

  6. Nuking the filibuster

    In requiring the U.S. Senate to confirm presidential appointments, the Constitution aims to ensure a second level of scrutiny of the qualifications of government officials. But Senate Republicans have hijacked the confirmation process, not only to thwart individual nominees but to undermine laws they don't agree with. If they continue in their obstructionism, Senate Majority Leader Harry Reid (D-Nev.) should revisit the possibility of doing away with the filibuster for nominations.
    In requiring the U.S. Senate to confirm presidential appointments, the Constitution aims to ensure a second level of scrutiny of the qualifications of government officials. But Senate Republicans have hijacked the confirmation process, not only to...

    Tags: Elections, Crime, Law and Justice, U.S. Congress, Harry Reid, Barack Obama

    7. May 14, 2013 |Story| Reuters

  7. COLUMN - Stories I'd like to see

    Reuters
    (Steven Brill is a Reuters columnist but his opinions are his own.) By Steven Brill May 14 (Reuters) - THE COMMENCEMENT SPEECH MARKET It's my guess that the most sought-after commencement speaker this season is former Secretary of State Hillary...

    Tags: Media Industry, Crime, Law and Justice, Time (magazine), Barack Obama, Justice System

    8. May 13, 2013 |Column| Orlando Sentinel

  8. Will Dodd-Frank save (or stifle) capitalism?

    WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man on regulation, contended that substantial, though incomplete, progress has been made. As an example, he cited the doubling of equity capital for the 18 largest bank holding companies from $393 billion in late 2008 to $792 billion at the end of 2012. Equity capital is shareholders' money; it acts as a buffer against losses. Interestingly, JPMorgan Chase's well-publicized $6 billion loss by the trader nicknamed the "London Whale" confirms the point. Despite the loss's size, it never threatened a panic or overall financial stability.
    WASHINGTON -- It's been five years since the onset of the financial crisis -- the rescue of Bear Stearns in March 2008 -- and we still don't know whether the financial system is safe. In a recent speech, Daniel Tarullo, the Federal Reserve's point man...

    Tags: Woodrow Wilson, Business Institutions, Franklin Delano Roosevelt, Banking, Crime, Law and Justice

    9. May 10, 2013 |Story| Los Angeles Times

  9. Freshman senator with senior pluck takes on the financial industry

    WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill.
    WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...

    Tags: Elizabeth Warren, Banking, $700 Billion Bank Bailout (2008), Federal Deposit Insurance Corporation, Freddie Mac

    10. May 9, 2013 |Story| Reuters

  10. Low-income U.S. students getting less college aid than better off ones: study

    Reuters
    WASHINGTON (Reuters) - Low-income students are increasingly bypassed when colleges offer applicants financial aid, as schools compete for wealthier students who can afford rising tuition and fees, according to a public policy institute's analysis of U.S....

    Tags: Financial Aid, Students, U.S. Department of Education, Finance, Colleges and Universities

    11. May 8, 2013 |Story| Reuters

  11. U.S. consumer protection bureau calls for student loan solutions

    Reuters
    WASHINGTON (Reuters) - The U.S. Consumer Financial Protection Bureau warned on Wednesday that the economy will soon feel the effects of surging student loan debt unless steps are taken to ease the burden on existing borrowers. The agency, charged with...

    Tags: Finance, Consumers, Loans, Federal Reserve, Financial Markets

    12. Apr 30, 2013 |Blog| baltimoresun.com

  12. CFPB revises CARD Act rules, making it easier for stay-at-home mates to get credit

    baltimoresun.com
    The Consumer Financial Protection Bureau has revised rules on the 2009 CARD Act, paving the way for non-working spouses and partners to qualify for credit cards....
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