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    Apr 19, 2013 |Column| Orlando Sentinel
  1. 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 opportunities for concentrated benefits and dispersed costs (e.g., agriculture subsidies confer sums on large agribusinesses by imposing small costs on 316 million Americans).
    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: U.S. Environmental Protection Agency, Fannie Mae, Executive Branch, Litigation and Regulation, The Washington Post

  2. Apr 19, 2013 |Story| Los Angeles Times
  3. Consumer agency urges standards for financial advisors to 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 new federal report....

    Tags: Consumers, Personal Finance, Financial and Business Services, U.S. Securities and Exchange Commission, Richard Cordray

  4. Apr 18, 2013 |Story| Los Angeles Times
  5. 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 Thursday.
    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, Personal Finance, Financial and Business Services, U.S. Securities and Exchange Commission, Richard Cordray

  6. Apr 18, 2013 |Story| Baltimore Sun
  7. Housing legislation passes the General Assembly

    In 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.
    The Baltimore Sun
    In 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: Taxation, Laws, Financial and Business Services, Harford County, Jamin B. Raskin

  8. Feb 28, 2013 |Column| Herald Mail
  9. Consumer protection week begins Monday

    For the past 15 years, a coalition has worked to share tips and information about privacy protection, money and debt management and recognizing identity theft, frauds and scams. University of Maryland Extension — Washington County is joining the...

    Tags: Federal Trade Commission, Credit and Debt, Consumers, Marketing, Environmental Issues

  10. Mar 29, 2013 | Allentown Morning Call
  11. Broader complaint data now available for loan, mortgage and banking disputes

    Watchdog with Paul Muschick
    Federal 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...
  12. Apr 5, 2013 |Story| Los Angeles Times
  13. 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.
    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: Loans, Consumers, Money and Monetary Policy

  14. Apr 4, 2013 |Story| Los Angeles Times
  15. Regulators probing alleged mortgage insurance kickback scheme

    WASHINGTON — Federal regulators are conducting an extensive investigation into an alleged mortgage insurance kickback scheme that pushed up costs for home buyers dating from the mid-1990s.
    WASHINGTON — Federal regulators are conducting an extensive investigation into an alleged mortgage insurance kickback scheme that pushed up costs for home buyers dating from the mid-1990s. The Consumer Financial Protection Bureau, in disclosing...

    Tags: Consumers, Corporate Crime, U.S. Department of Housing and Urban Development, HSBC Holdings plc, MGIC Investment Corporation

  16. Apr 4, 2013 |Story| Los Angeles Times
  17. 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.
    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: Ottawa Senators, Corporate Crime, Consumers, U.S. Department of Housing and Urban Development, Genworth Financial Inc

  18. Apr 3, 2013 |Story| Los Angeles Times
  19. Banks are not complying with mortgage settlement, survey finds

    Banks aren't living up to pledges they made in last year's landmark government settlement of mortgage servicing and foreclosure abuses, according to an advocacy group's survey of California housing counselors and lawyers.
    Banks aren't living up to pledges they made in last year's landmark government settlement of mortgage servicing and foreclosure abuses, according to an advocacy group's survey of California housing counselors and lawyers. The California Reinvestment...

    Tags: Office of the Comptroller of the Currency, Investments, Financial and Business Services, Citigroup Incorporated, Mortgages

  20. Apr 3, 2013 |Story| Los Angeles Times
  21. 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, Investments, Financial and Business Services, Citigroup Incorporated, Mortgages

  22. Mar 12, 2013 | Allentown Morning Call
  23. Political stalemate continues on Consumer Financial Protection Bureau

    Watchdog with Paul Muschick
    The 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...
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U.S. Consumer Financial Protection Bureau Photos
Mayor Rahm Emanuel announces new reforms to protect Chi...
(January 10, 2013)
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President Barack Obama named former Ohio attorney gener...
(January 5, 2012)
Richard Cordray