Highlights
A collection of news and information related to Richard Cordray published by this site and its partners.
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Bank overdraft programs may cost you
I've warned before that signing up for overdraft protection from your bank is a waste of money. If you would just balance your checkbook and stop spending when you run out of cash, you wouldn't have to pay overdraft fees. But many people are unable or...Tags: U.S. Consumer Financial Protection Bureau, Allentown, Consumers, Banking, Media Industry
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Credit report complaints now publicly available
Watchdog with Paul MuschickA 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...... -
Agency: Overdraft coverage means higher fees
AP Business WriterWASHINGTON -- A U.S. agency says consumers who opt for overdraft coverage on their checking accounts pay higher fees and are more likely to have their accounts closed than those who decline it. A report by the Consumer Financial Protection Bureau...Tags: Federal Reserve, U.S. Consumer Financial Protection Bureau, Consumers, Banking, Marketing
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CFPB: Consumers can pay steeply for overdraft protection
After years of consumers paying steep fees for overdraft protection that, in some cases, they didn't even ask for, the government stepped in three years ago. Now, banks must get consumers OK — or opt-in — before covering ATM and debit card...
Tags: U.S. Consumer Financial Protection Bureau, Consumers
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Federal regulators probing real estate kickback schemes
WASHINGTON — A settlement between the federal Consumer Financial Protection Bureau and a Texas home builder is drawing renewed attention to a controversial issue that was prominent during the years preceding the housing bubble: kickbacks in home...Tags: Services and Shopping, U.S. Consumer Financial Protection Bureau, The Washington Post, Bribery, House Building
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Are home-sale kickbacks making a comeback?
A settlement between the federal Consumer Financial Protection Bureau and a Texas homebuilder is drawing renewed attention to a controversial issue that was prominent during the years preceding the housing bubble: kickbacks in home real estate...Tags: U.S. Consumer Financial Protection Bureau, Services and Shopping, Real Estate Transactions, Bribery, Business Enterprises
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Reid to delay Senate votes on most Obama nominees until July
WASHINGTON — Senate Majority Leader Harry Reid said Tuesday that he will delay votes on several of President Obama’s nominees for key posts until July, a decision raising the prospect that he’ll seek further changes to Senate rules...Tags: U.S. Consumer Financial Protection Bureau, Jeff Merkley, Immigration, Mitch McConnell, Harry Reid
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Protege tus finanzas con ayuda en español
EL SENTINELBuenas noticias para los consumidores hispanos del sur de Florida! La Oficina para la Protección Financiera del Consumidor (CFPB) lanzó esta semana su sitio web en español: www.consumerfinance.gov/es, que también puedes usar en tu móvil, y que te... -
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...
Tags: U.S. Consumer Financial Protection Bureau, Parties and Movements, Harry Reid, Politics, Labor Disputes
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Kickbacks as 'a natural part of business' at Fannie Mae alleged
Before dawn one hazy March day in L.A., Armando Granillo pulled his SUV into a Starbucks near MacArthur Park, where he planned to pick up an envelope full of cash from an Arizona real estate broker, federal investigators say. Granillo, a foreclosure...
Tags: Services and Shopping, U.S. Consumer Financial Protection Bureau, Fannie Mae, Bribery, Politics
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Local lenders say U.S. 'qualified mortgage' rules go too far
Even as federal regulators recently cracked down on loose mortgage lending, they hoped that credit unions and community banks would serve as a haven for marginal borrowers. Such neighborhood institutions know their customers, the theory goes, so they...
Tags: U.S. Consumer Financial Protection Bureau, Fannie Mae, Loans, U.S. Congress, Financial and Business Services
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Column: Signs of grown-ups in charge
Rep. Jeb Hensarling, R-Texas, chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision. President Barack Obama used a recess...Tags: U.S. Consumer Financial Protection Bureau, Parties and Movements, Tom Coburn, White House, Layoffs and Downsizing
Jun 15, 2013
|Column| Allentown Morning Call
Jun 11, 2013
| Allentown Morning Call
Jun 11, 2013
|Story| Aberdeen News
Jun 11, 2013
|Story| Baltimore Sun
May 31, 2013
|Story| Los Angeles Times
Jun 1, 2013
|Story| Hartford Courant
May 21, 2013
|Story| Los Angeles Times
May 17, 2013
| South Florida Sun-Sentinel
May 15, 2013
|Story| Los Angeles Times
May 27, 2013
|Story| Los Angeles Times
May 27, 2013
|Story| Los Angeles Times
Apr 28, 2013
|Story| Aberdeen News
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