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5 Apr 2010, 5:25 am
She has had a successful career in the financial services industry and is currently Chief Information Officer for the UK businesses (Clydesdale & Yorkshire Bank) of the National Australia Bank. [read post]
5 Apr 2010, 5:10 am
He has organized numerous legal challenges of banks and lenders, recently held a summit dedicated to combating consumer fraud that included 300 Ohio consumer advocates, and has been working with other state AGs and the Obama administration to "report trends in fraud and illegal conduct to Treasury to help develop a coordinated and effective national response" and argue in favor of effective financial reform. [read post]
2 Apr 2010, 9:45 am
As the Times story documents, in the years leading up to the financial meltdown, state attorney generals had begun using state consumer-protection laws to go after practices, like subprime mortgage lending, engaged in by subsidiaries of national banks. [read post]
2 Apr 2010, 8:30 am
Funders include H&R Block, Bank of America, BNY Mellon, Citi, ConEd, Fidelity Investments and M&T Bank. [read post]
1 Apr 2010, 2:09 pm
One argument that was used by the OCC, the bank lobby and its friends in Congress to stir up opposition to the proposal was that the banking industry's safety and soundness, or its profitability, would inevitably clash with the consumer agency's mandate to protect borrowers, leading to situations where the consumer agency's views "would always prevail," ultimately hurting the bottom lines of the nation's roughly 8,000… [read post]
30 Mar 2010, 3:00 pm
The settlement conference is a meeting between the homeowner and the bank where alternatives to foreclosure are negotiated. [read post]
30 Mar 2010, 11:17 am
For the past few months, national retailer J.C. [read post]
29 Mar 2010, 6:13 pm
Finally, even if the government creates or subsidizes wonderful, civic- and culturally-enriching content, there’s no way to force people to consume it. [read post]
29 Mar 2010, 7:01 am
Banks will still be regulated by, among others, the National Credit Union Administration and 50 separate state banking regulators. [read post]
29 Mar 2010, 2:49 am
However, post Copenhagen, it is clear that the major nations will need more time until any kind of comprehensive multi-national treaty is debated and ratified. [read post]
29 Mar 2010, 12:48 am
According to the Bloomberg National Poll, most of the people who were interviewed don’t like banks, Wall Street, and insurance companies. [read post]
28 Mar 2010, 8:37 am
” However, almost 70% support using current bank regulators for consumer protection and are leery of creating a new government agency. [read post]
26 Mar 2010, 4:28 pm
National Australia Bank, Ltd., et al. (08-1191). [read post]
26 Mar 2010, 7:14 am
Insurance and real estate companies also work hand-in-hand with the national banks. [read post]
25 Mar 2010, 2:40 am
It's not clear to me what rationale might justify restricting CFPB jurisdiction to a mere 100 or so of the nation's 8,000 plus banks. [read post]
24 Mar 2010, 12:00 am
I only care about the millions of homeowners who continue to be unconscionably screwed and consistently abused by our nation’s banks and mortgage servicers. [read post]
23 Mar 2010, 1:11 am
Instead of receiving $1,000 worth of coupons, the suit said, the consumers were typically saddled with monthly payments that added up to more than $770. [read post]
22 Mar 2010, 1:27 pm
The information involves loans made in April and May of 2008 by the Federal Reserve to quell the financial crisis consuming banks. [read post]
22 Mar 2010, 1:22 pm
National banks should also include preneed funeral trusts in internal compliance and audit programs. [read post]
21 Mar 2010, 6:49 pm
Barney Frank’s “Wall Street Reform and Consumer Protection Act of 2009” (H.R. 4173)—would also grant the Federal Trade Commission vast new powers for all its regulations, not just those relating to the non-bank financial institutions it currently regulates. [read post]
