Search for: "RICHARD A. CORDRAY"
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19 Jan 2018, 9:54 am
The CFPB under its former director, Richard Cordray, finalized a rule in October that would for the first time mandate that payday lenders determine that borrowers can afford the loans they take out, amid a host of other major reforms, marking the last major action of his tenure. [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]
25 Oct 2010, 1:35 pm
The bill, developed by Ohio Attorney General Richard Cordray, was created as a fix to an unintended consequence of a recent Ohio Supreme Court decision. [read post]
5 Jan 2012, 9:26 pm
President Obama made a recess appointment of Richard Cordray to serve as director of the Consumer Financial Protection Bureau. [read post]
18 Apr 2012, 12:03 pm
In remarks to the National Community Reinvestment Coalition today, CFPB Director Richard Cordray stated that “[t]he consequences of ‘disparate impact’ discrimination are very real and they affect consumers just as significantly as other forms of discrimination. [read post]
7 Mar 2014, 5:15 am
(Earlier this year, the Washington Post reported that the CFPB lost many of its most talented initial hires because of instability resulting from conflicts over the CFPB’s mission, the battle over Richard Cordray’s confirmation, and frustration with the CFPB’s decision-making process. ) [read post]
19 Jul 2013, 12:12 am
Senate confirmed Richard Cordray to head the Consumer Financial Protection Bureau (CFPB).Texas Governor Rick Perry signed the state’s abortion bill into law. [read post]
28 Jun 2018, 9:17 am
Campaign Finance National: “Kicking and Screaming Toward Senate 2.0” by Kate Ackley for Roll Call Maine: “Maine Ethics Panel Sharply Cuts Payments to Publicly Financed Candidates” by Michael Shepherd for Bangor Daily News Maine: “Major Political Donors Must Disclose Sources Under New Maine Law” by The Associated Press for Maine Public Radio Minnesota: “Meet the Donors Who Give to Both DFL and GOP Candidates in Minnesota” by Peter Callaghan and Greta… [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]
13 Jan 2012, 2:23 pm
by Nicole Flatow The Justice Department’s Office of Legal Counsel released a memo yesterday explaining the legal justification for President Obama’s recess appointments of Richard Cordray to head the Consumer Financial Protection Bureau and three others to the National Labor Relations Board. [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]
9 Oct 2015, 6:48 am
Currently, the CFPB is led by a lone director, Richard Cordray. [read post]
12 Dec 2014, 5:25 pm
“It’s hard for consumers to navigate the medical debt maze and come out with a clean credit report on the other side,” said CFPB Director Richard Cordray. [read post]
26 Oct 2009, 8:37 am
According to an AP report, on Friday, Ohio’s Attorney General Richard Cordray filed a brief with a federal District Court explaining that “ethical and professional considerations are deterring doctors and others from offering advice about lethal injection. [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]
9 Mar 2015, 1:55 pm
Along with remarks from Agency Director Richard Cordray, the hearing will feature testimony from consumer protection groups, trade associations and the general public. [read post]
5 Dec 2014, 11:46 am
We started the blog in 2011 to coincide with the creation of the Bureau and President Obama’s nomination of Richard Cordray to lead it. [read post]
14 Apr 2016, 7:11 am
As we noted previously, CFPB Director Richard Cordray, in the Bureau’s first appellate decision, imposed a $109 million penalty on PHH for alleged RESPA violations involving improper kickbacks related to mortgage reinsurance where agreements were in place with lenders, a dramatic increase over the $6 million penalty that had been imposed by the administrative law judge at the trial level. [read post]
8 Mar 2013, 6:56 am
On January 31, 2013, the CFPB, led by its director Richard Cordray announced that it will begin examining the impact of the marketing of financial products to students through colleges and universities. [read post]
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]
