A Chevy Chase company that made millions of dollars from deals with victims of lead poisoning targeted an “entire generation of youth coming of age in Baltimore” with its deceptive practices, Maryland’s top law enforcement official alleges.
Ah, the sweet smell of the end of an election campaign. Less whiff of barnyard in the air as the votes are counted Tuesday, June 26, at the end of a long slog to — oh, wait a beat: This vote is only the primary election. We have another four months plus until the general election.
While it is natural for gubernatorial candidates to focus on how Md. will benefit under their leadership, the relentlessly positive perspective they're now showing reduces the complexities of the many difficult issues facing Maryland to sound-bites.
Citing a history of predatory real estate practices in Baltimore, two Maryland lawmakers called on the Trump administration Wednesday to abandon plans to strip a division of the Consumer Financial Protection Bureau of its enforcement powers.
General Assembly leaders are backing an effort to provide $1 million to bolster state enforcement of consumer protections against financial fraud in case the Trump administration scales back those efforts.
It is easy to mock cable news for its countdown clocks, endless loops of the same images playing repeatedly on breaking news, and occasionally over-the top prime-time hosts. But I have also been finding some of the smartest discussions and most in-depth coverage there as well.
We may be tempted to dismiss Betsy Devos' commencement address at UB as typical platitudes. It was, after all. It checked all the boxes of commencement speech characteristics. Yet, as someone who believes that speech matters, I cannot just accept the typical platitudes — especially not from her.
A growing body of research that suggests alternative financial service centers are deeply woven into the fabric of the communities is changing the conversation about how to improve financial well-being in low-income communities.
The Consumer Financial Protection Bureau is fighting to protect 99 percent of Americans from predatory products and services. Yet the 1 percent of Wall Street elites who are running our government are trying to put the agency out of business. Don't let them; we can't afford to lose the agency that is fighting for us.
A federal financial oversight agency sued a Maryland-based financial firm on Monday, alleging it created an illegal scheme to deceive victims of lead paint poisoning from collecting court-approved settlements.
At its most benign level, a vote for Mr. Trump was a reckless vote against the establishment and so-called “elite.” Up a step, it was a vote for a conservative Supreme Court — meaning a vote against gay rights, abortion access and stricter gun control. And at it’s most sinister, it was a vote for a male-dominated Aryan nation.
To address the root problem of financial inequality in Baltimore, we must focus on building better bridges that will connect those on the financial fringes to the modern digital economy, where the proliferation of electronic payment technology is already reshaping the banking landscape and can play a big part in providing access to people cut off from the financial mainstream.
Wells Fargo has agreed to pay about $16.2 million to settle claims over a kickback scheme involving an Owings Mills title company that allegedly affected more than 9,000 customers, many of them in Maryland, under terms of an agreement filed Thursday in Maryland District Court.
Borrowing a page from the presidential campaign, the two Democrats running for Senate in Maryland are taking aim at Wall Street — and each other — in a bid for voters fed up with the nation's financial industry.
Sprint and Verizon Wireless will pay $158 million in penalties and refunds to consumers in Maryland and elsewhere under a nationwide settlement over allegations of mobile cramming, Maryland Attorney General Brian E. Frosh announced Tuesday.
Attorney General Brian E. Frosh and the Consumer Financial Protection Bureau said Wednesday that the leaders of a defunct Owings Mills title company and three loan officers had agreed to pay fines worth at least $660,000 collectively to settle allegations of a mortgage kickback scheme.
Wells Fargo and JPMorgan Chase would pay $35.7 million for participating in a mortgage kickback scheme with a now-defunct Maryland title company under a federal consent order filed Thursday, the Consumer Financial Protection Bureau and Maryland Attorney General Brian E. Frosh announced Thursday.
Mid-Atlantic residents had the most credit card complaints per capita, with Maryland ranked overall in the U.S. as the state with the third highest number of complaints, according to a study released Wednesday.
A South Dakota-based payday lender and its California partner are to pay about $2 million under the terms of a settlement designed to address "abusive" lending and collection activities, the Department of Labor Licensing and Regulation said Monday.
The Center for Plain Language is part of a movement aimed at purging gobbledygook from government and private-sector communications and replacing it with simple, clear English. Each year it issues a report card on federal government agencies and awards prizes in various categories of communication.
The EPA and CFPB arguably have more power to issue regulations that affect our economy than any other regulatory bodies, yet they're among the worst offenders when it comes to cronyism and favoritism among their ranks. It's time Americans are clear that partisan activists and impartial regulation don't mix.
Maryland will receive about $86 million for principal reduction, the sixth-highest amount, or 4.3 percent of the relief available, according to Maryland Attorney General Douglas Gansler. There are also 2,461 loans eligible for cash payments, with disbursements expected to be more than $1,000 each.