Search for: "RICHARD A. CORDRAY"
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14 May 2015, 4:51 pm
FOR IMMEDIATE RELEASE:May 14, 2015CONTACT:Office of CommunicationsTel: (202) 435-7170Prepared Remarks of Richard Cordray Director of the Consumer Financial Protection Bureau Field Hearing on Student Loans Milwaukee, Wisconsin May 14, 2015Thank you all for joining us today in Milwaukee. [read post]
13 May 2015, 3:19 pm
Richard J. [read post]
12 May 2015, 9:44 am
“Sprint and Verizon had flawed billing systems that allowed merchants to add unauthorized charges to wireless customer bills,” said CFPB Director Richard Cordray. [read post]
6 May 2015, 1:21 pm
In prepared remarks, CFPB Director Richard Cordray acknowledged that, “Without credit reporting and credit scoring, it would be harder for financial service providers to assess and manage credit risk, and the supply of credit would be more expensive, more erratic, and more constrained. [read post]
6 May 2015, 10:09 am
“… [W]hile we strongly support meaningful and robust safeguards to prevent predatory lending practices in this market, we have continually insisted that any regulatory framework established be carefully balanced with the need to provide consumers with access to a range of financial services,” the representatives wrote in a letter addressed to CFPB Director Richard Cordray. [read post]
5 May 2015, 4:27 pm
“Today’s report sheds light on the millions of Americans who are credit invisible,” said CFPB Director Richard Cordray. [read post]
29 Apr 2015, 8:55 am
On March 3, 2015, CFPB Director Richard Cordray provided testimony before the House Financial Services Committee in connection with the CFPB’s sixth Semi-Annual Report and responded to questions from Representatives Randy Neugebauer (R-Texas) and Brad Sherman (D-California) as to whether the CFPB would consider a 60-day soft enforcement period after August 1, 2015. [read post]
28 Apr 2015, 10:26 am
“Today the CFPB is taking its first enforcement action under the rules that protect consumers against illegal overdraft fees by their banks,” said CFPB Director Richard Cordray. [read post]
27 Apr 2015, 1:35 pm
FOR IMMEDIATE RELEASE: April 27, 2015 [issued by the CFPB via the internet] Prepared Remarks of Richard Cordray Director of the Consumer Financial Protection Bureau White House Conference on Aging Regional Forum Cleveland, Ohio April 27, 2015Good morning. [read post]
26 Apr 2015, 9:30 pm
On the same day the CFPB released the outline of its proposed rule, CFPB Director Richard Cordray held a field hearing to discuss the proposal. [read post]
21 Apr 2015, 1:40 pm
“Green Tree failed consumers who were struggling by prioritizing collecting payments over helping homeowners,” said CFPB Director Richard Cordray. [read post]
16 Apr 2015, 1:51 pm
Yet despite the fact that the CFPB is not involved in intelligence gathering or the setting of monetary policy, Director Richard Cordray has taken the position that it is not subject to FACA. [read post]
10 Apr 2015, 12:32 pm
Today we are taking an important step toward ending the debt traps that plague millions of consumers across the country,” said CFPB Director Richard Cordray. [read post]
7 Apr 2015, 9:58 am
As CFPB Director Richard Cordray stated: The new mortgage disclosure forms coming in August will help consumers comparison shop for mortgages and avoid surprises at the closing table. [read post]
30 Mar 2015, 4:27 pm
“National Corrective Group masqueraded as prosecutors and used deceptive tactics to intimidate consumers into paying hundreds of dollars in extra fees to avoid potential criminal prosecution,” said CFPB Director Richard Cordray. [read post]
30 Mar 2015, 3:53 pm
Richard Cordray, director of the CFPB, then gave lengthy remarks, which were published online the morning before the hearing took place and are available here. [read post]
30 Mar 2015, 7:11 am
” Shaul called on the CFPB to develop data indicating what percentage of customers benefit from their use of payday loans and use this number as a basis for comparison against the percentage of customers that experience the “payday debt traps” as described by CFPB Director Richard Cordray. [read post]
27 Mar 2015, 11:05 am
After CFPB Director Richard Cordray outlined the CFPB’s proposal, the Bureau heard from, first, a panel of industry and consumer advocates and, then, members of the public. [read post]
CFPB Director Cordray on Payday Lending - March 26, 2015 Richmond VA event (re-posted press release)
25 Mar 2015, 10:25 pm
FOR IMMEDIATE RELEASE:March 26, 2015CONTACT:Office of CommunicationsTel: (202) 435-7170Prepared Remarks of Richard CordrayDirector of the Consumer Financial Protection BureauField Hearing on Payday LendingRichmond, Va.March 26, 2015Thank you for joining us in Richmond for this field hearing. [read post]
20 Mar 2015, 9:33 am
The findings in the report come from a three-year study, which CFPB Director Richard Cordray called “the most comprehensive empirical study of consumer financial arbitration ever conducted. [read post]
