Search for: "RICHARD A. CORDRAY"
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20 Aug 2012, 2:00 am
Richard Cordray, Director of the Consumer Financial Protection Bureau (“CFPB”), and United States Secretary of Education, Arne Duncan, recently presented their findings[1] to various Congressional committees, concluding that a significant number of student loan borrowers “simply did not understand what they signed up for. [read post]
17 Aug 2012, 3:45 pm
On August 16, a group of thirty-two Members of the House of Representatives sent a letter to CFPB Director Richard Cordray asking that the Bureau delay the effective date of recently adopted remittance transfer rules and examine the potential impact of the rules on consumers. [read post]
15 Aug 2012, 9:20 am
The confirmation of the appointment of its Director, Richard Cordray, was held hostage by 44 Republican senators, who refused to confirm anyone unless the agency’s powers were weakened. [read post]
9 Aug 2012, 7:52 am
In the press release accompanying the Bulletin, CFPB Director Richard Cordray noted that “Consumers must not be hurt by unfair, deceptive, or abusive practices of service providers. [read post]
8 Aug 2012, 4:58 pm
In the press release accompanying the Bulletin, CFPB Director Richard Cordray noted that “Consumers must not be hurt by unfair, deceptive, or abusive practices of service providers. [read post]
8 Aug 2012, 2:10 pm
” The law was challenged in 2010, however, when would-be contributors to then-Attorney General Richard Cordray’s reelection campaign filed suit after Mr. [read post]
6 Aug 2012, 3:46 pm
In a bi-partisan letter to CFPB Director Richard Cordray, Senators Jerry Moran (R-KN), Roy Blunt (R-MO) and Mark Begich (D-Alaska) said that the definition of qualified mortgage in the ability to repay regulations should be defined broadly and transparently and should include a safe harbor for conforming loans. [read post]
31 Jul 2012, 12:37 pm
The CFPB’s compliance with SBREFA will be the subject of a hearing to be held tomorrow, August 1, at 1:00 p.m. by the House Committee on Small Business at which CFPB Director Richard Cordray is scheduled to testify. [read post]
30 Jul 2012, 9:51 am
Richard Cordray, the Consumer Financial Protection Bureau (CFPB) Director, has made it clear that one of his main goals is to restore trust in the mortgage market, which was hurt after the burst of the housing bubble during the 2008 economic recession. [read post]
27 Jul 2012, 7:00 am
On July 24, after reading his prepared testimony, CFPB Director Richard Cordray responded to questions at a hearing held by the House Committee on Oversight & Government Reform. [read post]
27 Jul 2012, 4:00 am
If fact, in his prepared remarks on the final shopping sheet, CFPB Director Richard Cordray stated that the CFPB “fully expect[s]” that “all universities and higher education institutions” will use the shopping sheet. [read post]
26 Jul 2012, 12:17 pm
Sit up Richard Cordray, at the CFPB, and listen carefully. [read post]
26 Jul 2012, 8:59 am
In that vein, a questionable ruling by the CFPB was Director Richard Cordray's decision to allow credit card companies to charge up front fees. [read post]
26 Jul 2012, 5:16 am
“We are putting companies on notice that these deceptive practices are against the law and will not be tolerated,” CFPB Director Richard Cordray said. [read post]
23 Jul 2012, 11:55 am
“Today’s action puts $140 million back in the pockets of two million Capital One customers who were pressured or misled into buying credit card products they didn’t understand, didn’t want, or in some cases, couldn’t even use,” said CFPB Director Richard Cordray. [read post]
23 Jul 2012, 9:33 am
Cordray said. [read post]
22 Jul 2012, 6:39 am
"Too many student loan borrowers are struggling to pay off private student loans that they did not understand and cannot afford," said Richard Cordray, director of the consumer bureau. [read post]
21 Jul 2012, 6:27 am
The LA Times scored an interview with CFPB head Richard Cordray that's worth a look. [read post]
20 Jul 2012, 12:09 pm
When the White House on July 17, 2011 announced that Richard Cordray had been nominated to head the agency, President Obama promised Cordray would be "looking out for ordinary people in our financial system. [read post]
18 Jul 2012, 8:17 am
“Today’s action puts $140 million back in the pockets of two million Capital One customers who were pressured or misled into buying credit card products they didn’t understand, didn’t want, or in some cases, couldn’t even use,” said CFPB Director Richard Cordray. [read post]
