Search for: "RICHARD A. CORDRAY"
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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]
21 Jul 2015, 10:59 am
Last November, CFPB Director Richard Cordray gave a speech that expressed concerns over lack of consumer protection for loss or theft, a general lack of transparency, and exclusionary effects on some consumers in the payment processing industry. [read post]
5 Mar 2012, 11:27 am
Until someone has standing to challenge President Obama’s recess appointment of Richard Cordray as Director of the Bureau, people with an interest in the issue have been following challenges to Obama’s three contemporaneous recess appointments to the NLRB. [read post]
20 Mar 2017, 10:44 am
Mishkin In a recent blog post, Alan Kaplinsky and Scott Pearson wrote about the remarks made by CFPB Director Richard Cordray and Comptroller of the Currency Thomas Curry at the LendIt USA conference in New York City earlier this month. [read post]
5 Jun 2013, 1:29 pm
MorganOn June 4, eight industry groups sent a letter addressed to HUD Secretary Shaun Donovan and CFPB Director Richard Cordray requesting much needed written guidance from HUD and the CFPB that makes clear that compliance with the CFPB’s ability-to repay/qualified mortgage (QM) final rule will not expose lenders to disparate impact liability under the Fair Housing Act (FHA) or the Equal Credit Opportunity Act (ECOA). [read post]
29 Mar 2012, 7:06 am
Richard Cordray, the Director of the CFPB, explains the intuition behind this helpful tool: “Financial markets can be complex and confusing, and consumers need information they can count on… Ask CFPB gives consumers answers in plain language so they can make sound financial decisions. [read post]
13 Feb 2012, 1:07 pm
" Meanwhile, CFPB head Richard Cordray published an op-ed, which, among other things, describes some of the Bureau's upcoming initiatives: In the future, we will also issue new consumer protections around “force-placed insurance” — a term referring to hazard insurance that mortgage servicers secure at the borrower’s expense, typically at a very high cost, when they believe (even erroneously) that a borrower’s previous hazard insurance… [read post]
12 Mar 2013, 5:46 am
TweetAt 10:00 AM the Senate Banking Committee will hold a hearing (which you can watch here) to consider the nominations of Richard Cordray as Director of the Consumer Financial Protection Bureau and Mary Jo White as Chairman of the Securities and Exchange Commission. [read post]
7 Apr 2020, 11:38 am
Our webinar yesterday, “Consumer Financial Regulatory and Litigation Fallout from the COVID-19 Crisis,” in which we were joined by special guest speakers Richard Cordray, former CFPB Director, and John Roddy, Partner at Bailey & Glasser and prominent plaintiffs’ class action lawyer, highlighted the regulatory and litigation risks the crisis is expected to create for members of the consumer financial services industry. [read post]
27 Nov 2017, 8:10 am
Cordray’s resignation. [read post]
21 May 2015, 6:35 am
On March 9, 2015, Consumer Financial Protection Bureau (CFPB) Director Richard Cordray presided over oral argument in the first appeal hearing of an administrative enforcement action. [read post]
1 Sep 2015, 6:19 am
According to CFPB Director Richard Cordray, “Using the power of technology has shown the potential to simplify the closing process and empower consumers with better organized information, more time to review that information, and the ability to embed educational resources. [read post]
8 Dec 2011, 8:50 am
When it became clear that Senate Republicans would block Warren's appointment, no matter what she or anyone else said or did, President Obama appointed Richard Cordray. [read post]
9 Sep 2011, 11:15 am
[Cross-posted at PYMNTS.COM] Richard Cordray’s nomination hearing provided an opportunity to learn something new about the substantive policies of the new Consumer Financial Protection Bureau. [read post]
20 Jan 2015, 6:49 pm
Last week at the Brookings Institution, Consumer Financial Protection Bureau (“CFPB”) Director Richard Cordray described his greatest challenge as CFPB director as coordinating his agency’s response with those of other agencies whose responsibilities overlap with the CFPB. [read post]
18 Jul 2011, 10:11 am
President Obama is expected to reject interim director and Harvard Law professor Elizabeth Warren and appoint Richard Cordray, former Ohio attorney general, to be the director of the Consumer Financial Protection Bureau, according to reports learned by Boston bankruptcy lawyer Neil Burns. [read post]
10 Jan 2012, 7:46 pm
The president's recess appointment of Richard Cordray to run the CFPB will create legal uncertainties and litigation that are "going to weaken the agency," Barofsky told American Banker editors in an interview on Friday. [read post]
6 Mar 2014, 7:22 am
According to Kim Chapman and Carter Dougherty at Bloomberg, as well as other news outlets, Director Richard Cordray has announced his intention to move forward with regulations aimed at lenders that make small loans like payday loans, title loans, and installment loans with triple digit interest rates. [read post]
23 Nov 2022, 7:42 am
Having stood up and promoted the whistleblower program at the CFPB, it appears that Richard Cordray may now be taking similar steps at Federal Student Aid (“FSA”). [read post]
13 Nov 2009, 11:29 am
"Â Here are more details: Executions will use a single drug, thiopental sodium, "in an amount sufficient to cause death," Attorney General Richard Cordray's office said in filing in U.S. [read post]
