Search for: "RICHARD A. CORDRAY"
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18 Oct 2017, 6:38 am
Noreika and CFPB Director Richard Cordray have exchanged polar-opposite views on whether the CFPB’s final arbitration rule should be repealed. [read post]
5 Oct 2017, 5:20 pm
" Not to mention taking swipes at out-of-office Obama and Bureau Head Richard Cordray, -- for ambitions in the nature of a run for an elective office of his own.The newpaper's editoralists do not appear to understand that the National Collegiate Student Loan Trusts (plural) are static investment vehicles rather than functioning business entities, and that all the money to purchase the pools of private student loans from the program lenders (via The First Marblehead… [read post]
5 Oct 2017, 1:09 pm
“The CFPB’s new rule puts a stop to the payday debt traps that have plagued communities across the country,” said CFPB Director Richard Cordray. [read post]
19 Sep 2017, 11:54 am
The proposed penalties take into account the defendants’ inability to pay more.Top Notch Complaint by Federal Consumer Watchdog Agency “It is reprehensible that Top Notch and its owner sought to scam NFL concussion victims, 9/11 heroes, and others to turn a quick profit,” said CFPB Director Richard Cordray. [read post]
18 Sep 2017, 12:16 pm
“The National Collegiate Student Loan Trusts and their debt collector sued consumers for student loans they couldn’t prove were owed and filed false and misleading affidavits in courts across the country,” said CFPB Director Richard Cordray. [read post]
15 Sep 2017, 6:09 am
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray has responded to the letter from the Department of Education (ED) terminating the Memoranda of Understanding (MOUs) between the agencies. [read post]
12 Sep 2017, 10:49 am
“The Bureau’s recent supervision work has returned $14 million to more than 100,000 consumers, and found companies deceiving consumers and violating the law,” said CFPB Director Richard Cordray. [read post]
7 Sep 2017, 1:26 pm
“Zero Parallel steered consumers toward payday and installment loans that were a bad deal,” said CFPB Director Richard Cordray. [read post]
6 Sep 2017, 7:31 am
Wayne Johnson, the letter was addressed to Director Richard Cordray and dated August 31, 2017. [read post]
5 Sep 2017, 8:45 am
I thought that once that rule was issued, Richard Cordray would soon thereafter resign as Director to return to Ohio to run for Governor. [read post]
5 Sep 2017, 8:42 am
” Labor Day has come and gone and Richard Cordray remains Director of the CFPB. [read post]
25 Aug 2017, 10:00 am
“A reverse mortgage loan can help some older homeowners meet financial needs, but can also jeopardize their retirement if not used carefully,” said CFPB Director Richard Cordray. [read post]
25 Aug 2017, 8:51 am
“Tens of thousands of Corinthian students were harmed by the predatory lending scheme funded by Aequitas, turning dreams of higher education into a nightmare,” said CFPB Director Richard Cordray. [read post]
25 Aug 2017, 7:42 am
We have previously blogged about two upcoming events that have led to speculation that Richard Cordray is about to resign as Director of the CFPB. [read post]
24 Aug 2017, 11:08 am
On Tuesday, Consumer Financial Protection Bureau (“CFPB”) Director Richard Cordray published an opinion piece in the New York Times in response to recent attempts by lawmakers to repeal a new CFPB arbitration rule. [read post]
22 Aug 2017, 7:02 pm
“The Bureau’s research shows that people are taking on more student debt later in life, and having a tougher time paying it back,” said CFPB Director Richard Cordray. [read post]
22 Aug 2017, 11:55 am
In an op-ed published in today’s New York Times, CFPB Director Richard Cordray argues against congressional repeal of the agency’s final arbitration rule by “correcting the record. [read post]
21 Aug 2017, 3:00 am
“Arbitration clauses in contracts for products like bank accounts and credit cards make it nearly impossible for people to take companies to court when things go wrong,” said CFPB Director Richard Cordray. [read post]
18 Aug 2017, 2:45 am
Republican governors serve CFPB director with FOIA demandsJoe Mont, Compliance Week, Aug. 16, 2017Turning up the heat on Richard Cordray, director of the Consumer Financial Protection Bureau, Republican governors have served him with another Freedom of Information Act Request.On Aug. 15, the Republican Governors Association filed their second FOIA for records related to Cordray’s “potential violation of the Hatch Act while exploring a run for Ohio… [read post]
8 Aug 2017, 10:57 am
Although the Rule was issued as “final” (as opposed to a mere proposal), the Rule is currently subject to fierce political headwinds from Congressional Republicans, the White House and industry trade groups, all of whom strongly oppose the CFPB’s current director, Richard Cordray, an Obama appointee. [read post]
