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Sen. Mitch McConnell's threat: Mean-spirited and undignified
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...Tags: Republican Party, Consumers, Richard Cordray, Barack Obama, Mitch McConnell
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Cordray appointment: A win for Obama -- and the public
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...Tags: Elections, Credit and Debt, Consumers, Richard Cordray, Money and Monetary Policy
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Feds target mortgage modification scams
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...Tags: Mortgages, U.S. Department of the Treasury, Companies and Corporations
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Is a new credit card regulation hurting stay-at-home spouses?
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...Tags: Finance, Credit and Debt, Consumers, Federal Reserve, Litigation and Regulation
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Psssst: CFPB wants to hear from whistleblowers
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
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GOP's anti-democratic tantrum
"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
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If you resolve to pay off credit cards this year, do it right
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...Tags: Finance, Credit and Debt, Consumers, Finance, Money and Monetary Policy
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CFPB shedding light on hidden fees in international money transfers
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...Tags: Consumers, Richard Cordray, Money and Monetary Policy
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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: Allentown, Consumers, Richard Cordray, Media Industry, Banking
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Former Bank of America workers allege it lied to home owners
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...Tags: Labor Legislation, Mortgages, Countrywide Financial Corp., Government, Finance
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Former Bank of America workers allege lies to homeowners
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...Tags: Consumers, Mortgages, Countrywide Financial Corp., Government, Finance
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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......
Jan 8, 2012
|Story| Baltimore Sun
Jan 5, 2012
|Story| Baltimore Sun
Dec 2, 2011
|Story| Baltimore Sun
Dec 12, 2011
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Dec 19, 2011
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Dec 13, 2011
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Jan 2, 2012
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Jan 20, 2012
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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
Original site for U.S. Consumer Financial Protection Bureau topic gallery.
