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Richard Cordray

A collection of news and information related to Richard Cordray published by this site and its partners.

Top Richard Cordray Articles

Displaying items 12-22
  • New mortgage disclosure forms to roll out in August 2015

    New mortgage disclosure forms to roll out in August 2015
    WASHINGTON — The federal government's consumer financial watchdog will require lenders to issue shorter, easier-to-understand mortgage disclosure forms to home buyers that more clearly show the costs and terms of the loans. The Consumer...
  • Consumer bureau fines payday lender Cash America, orders refunds

    Consumer bureau fines payday lender Cash America, orders refunds
    WASHINGTON -- In its first enforcement action against a payday lender, the Consumer Financial Protection Bureau on Wednesday fined Cash America International $5 million and ordered $14 million in refunds for overcharging customers, robo-signing...
  • U.S. to begin regulating largest student-loan servicing firms

    U.S. to begin regulating largest student-loan servicing firms
    Students who get the runaround from companies handling their college loans soon may get help from the federal government. The Consumer Financial Protection Bureau said it will begin regulating the nation's largest student-loan servicing firms, which...
  • Senate confirms Thomas E. Perez as Labor secretary

    Senate confirms Thomas E. Perez as Labor secretary
    WASHINGTON — Thomas E. Perez was confirmed as secretary of Labor on Thursday, ending a long battle over his nomination in a key test of this week’s deal to end a showdown over Senate rules. Perez, currently the nation’s top civil...
  • Key Republican drops opposition to EPA nominee

    Key Republican drops opposition to EPA nominee
    WASHINGTON – A key Republican senator has dropped his objection to Gina McCarthy’s confirmation to lead the Environmental Protection Agency, potentially clearing her path as Republicans seek to head off Democratic efforts to change Senate...
  • JPMorgan Chase agrees to pay $389 million for credit card violations

    JPMorgan Chase agrees to pay $389 million for credit card violations
    WASHINGTON -- JPMorgan Chase & Co. has agreed to pay $389 million in refunds and penalties for illegally charging credit card customers for identity theft protection and other add-on services they didn't receive or authorize, federal regulators said...
  • Senate clears way for Cordray confirmation as consumer bureau chief

    Senate clears way for Cordray confirmation as consumer bureau chief
    WASHINGTON -- The Senate on Tuesday cleared the way for Richard Cordray to be confirmed as director of the Consumer Financial Protection Bureau after Democrats and Republicans struck a tentative agreement to avoid a confrontation over the use of...
  • The Senate preserves the filibuster, averts partisan fallout

    The Senate preserves the filibuster, averts partisan fallout
    In a now-familiar routine in Washington, lawmakers walked right up to the brink of disaster Monday, only to pull back Tuesday. This time, though, the source of the drama was the Senate, where Majority Leader Harry Reid (D-Nev.) threatened to end the...
  • Bernanke: Markets starting to understand Fed's stimulus message

    Bernanke: Markets starting to understand Fed's stimulus message
    WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke on Wednesday admitted there has been some confusion as the central bank has tried to explain plans to scale back its stimulus policies, but said he thought financial markets were "beginning to...
  • Mortgage lender accused of paying illegal bonuses for costlier loans

    Mortgage lender accused of paying illegal bonuses for costlier loans
    WASHINGTON -- The Consumer Financial Protection Bureau on Tuesday sued Castle & Cooke Mortgage, accusing it of paying illegal bonuses to employees who steered home buyers toward higher-interest loans. The suit marks the first time a company has been...
  • Senate confirms Richard Cordray as consumer bureau chief

    Senate confirms Richard Cordray as consumer bureau chief
    WASHINGTON — The nation's consumer watchdog for credit cards, mortgages and other financial products is set to emerge from a legal cloud that threatened its authority after a Senate deal paved the way for confirmation of its director. After...