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Senate Minority Leader Mitch McConnell is accusing President Obama of acting "arrogantly" in his recent recess appointment of Richard Cordray as head of the Consumer Financial Protection Bureau ("Obama picks consumer chief," Jan 5). I would say that...
President Barack Obama owes congressional Republicans at least a thank-you card for their efforts to block Richard Cordray as head of the Consumer Financial Protection Bureau. That GOP leaders continue to howl over Mr. Obama's decision on Wednesday to...
The new Consumer Financial Protection Bureau has teamed up with the Treasury Department and — this is a mouthful — the Office of the Special Inspector General for the Troubled Asset Relief Program — to shutter mortgage modification...
An aim of the landmark credit card reform act of 2009 was to protect consumers from getting too deep into debt. One regulation that took effect in October requires that credit card issuers weigh a consumer's "independent ability to pay" — not...
Hard as Senate Republicans try to prevent the new Consumer Financial Protection Bureau from fully doing its job, you got to hand it to the agency for doing what it can. The CFPB now says it wants to hear from whistleblowers with information about...
Tags: Republican Party, Consumers, U.S. Senate
"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...
Tags: Elections, Consumers, Richard Cordray, Civil Laws, Laws
Many consumers will resolve to pay off their credit cards for the new year, and their intentions are in the right place. But according to a recent study, how they go about it is likely to be wrong. Mathematically, consumers are best off eliminating the...
Apparently, when people transfer money to relatives outside the U.S., they are dinged by hidden fees. The result is that those family members get less than expected. The Consumer Financial Protection Bureau today adopted a rule that generally will...
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: Allentown, Consumers, Richard Cordray, Media Industry, Banking
ReutersBy Michelle Conlin and Peter Rudegeair June 14 (Reuters) - Six former Bank of America Corp employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments...
ReutersSix former Bank of America Corp. employees have alleged that the bank deliberately denied eligible home owners loan modifications and lied to them about the status of their mortgage payments and documents. The bank allegedly used these tactics to...
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......
Jan 8, 2012 |Story| Baltimore Sun
Jan 5, 2012 |Story| Baltimore Sun
Dec 2, 2011 |Story| Baltimore Sun
Dec 12, 2011 |Story| Baltimore Sun
Dec 19, 2011 |Story| Baltimore Sun
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Jan 2, 2012 |Story| Baltimore Sun
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Jun 15, 2013 |Column| Allentown Morning Call
Jun 14, 2013 |Story| Reuters
Jun 14, 2013 |Story| Reuters
Jun 11, 2013 | Allentown Morning Call
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