Search for: "RICHARD A. CORDRAY"
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26 Oct 2016, 11:53 am
Richard J. [read post]
12 Oct 2016, 9:41 am
Mortgage Lender Wins Stunning Ruling Challenging $103 Million Fine Characterizing Director Richard Cordray of the Consumer Financial Protection Bureau as the “single most powerful official in the entire U.S. [read post]
12 Oct 2016, 9:19 am
The US Court of Appeals for the District of Columbia Circuit [official website] ruled [opinion, PDF] Tuesday that the structure of the Consumer Financial Protection Bureau (CFPB) [official website] is unconstitutional, holding that too much power is vested in its director, Richard Cordray. [read post]
11 Oct 2016, 2:33 pm
As we noted previously, CFPB Director Richard Cordray, in the Bureau’s first appellate decision PHH Corp. v. [read post]
5 Oct 2016, 12:47 pm
Over four years in the making, the final rule, which weighs in at nearly 1700 pages, provides “strong federal consumer protection for prepaid account users,” according to prepared remarks of CFPB Director Richard Cordray. [read post]
2 Oct 2016, 10:49 am
“Protecting servicemembers is a priority for the CFPB,” said CFPB Director Richard Cordray. [read post]
12 Sep 2016, 8:53 am
Mishkin Richard Hunt, the President and CEO of the Consumer Bankers Association, recently published on his blog a list of “Five Things the CFPB Should Do To Be More Widely Respected. [read post]
7 Sep 2016, 11:02 am
“The first line of defense for consumers to protect themselves is the ability to make informed and responsible decisions, and financial education that starts in childhood is an essential first step,” said CFPB Director Richard Cordray. [read post]
3 Aug 2016, 1:00 pm
This shouldn't be a partisan issue at all but apparently everything is these days, so this letter is only signed by 40 D senators, but should have been signed by all 100, since all Americans deserve the protections of the Constitution August 3, 2016 The Honorable Richard CordrayDirectorConsumer Financial Protection Bureau1700 G Street NWWashington, DC 20552 Dear Director Cordray: We write to commend the Consumer Financial Protection Bureau (CFPB) for its… [read post]
3 Aug 2016, 9:13 am
In prepared remarks delivered in Sacramento, California, CFPB Director Richard Cordray explained that nearly a quarter of all complaints filed with the CFPB involved debt collection—more complaints than any other financial service or product that the CFPB regulates. [read post]
1 Aug 2016, 7:24 pm
The Bureau’s rules are designed to make sure consumers have the information they need, in a form they can easily understand and use, before making the decision,” said CFPB Director Richard Cordray. [read post]
29 Jul 2016, 1:00 pm
At the field hearing, CFPB Director Richard Cordray stated that debt collection complaints represent the largest category of CFPB complaints, about 25 percent of all complaints the CFPB receives. [read post]
18 Jul 2016, 7:02 am
Lew rejected a Recess Appointments Clause challenge to Consumer Protection Financial Bureau Director Richard Cordray. [read post]
15 Jul 2016, 11:23 am
Director Richard Cordray made it clear that he believes it is “compliance malpractice for other institutions not to look carefully at our orders . . . and not to think, ‘Am I doing the same thing? [read post]
5 Jul 2016, 1:09 pm
As we previously reported, PHH is appealing the penalty imposed on it by the Bureau under Director Richard Cordray’s June 4, 2015 decision for alleged violations of RESPA related to mortgage reinsurance. [read post]
29 Jun 2016, 8:50 am
For those of you who may have missed our prior posts on this, PHH is appealing a decision made by CFPB Director Richard Cordray while sitting as the CFPB’s administrative appellate judge. [read post]
14 Jun 2016, 3:17 pm
According to remarks by CFPB Director Richard Cordray, this gives “consumers a chance to question or dispute any unauthorized or erroneous payment attempts and to make arrangements for covering payments that are due. [read post]
13 Jun 2016, 1:00 pm
One of CFPB Director Richard Cordray’s first actions after his recess appointment (which we wrote about here) was to hold a field hearing on payday lending. [read post]
16 May 2016, 6:37 am
Consumer Financial Protection Bureau (CFPB) Director Richard Cordray recently informed several banking and other industry groups that the Bureau plans to introduce a proposed rule to address concerns related to CFPB mortgage disclosure requirements. [read post]
13 May 2016, 1:36 pm
Matthew Smith and Richard J. [read post]