Search for: "RICHARD A. CORDRAY"
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5 Mar 2012, 2:23 pm
“Debt collectors and credit reporting agencies have gone unsupervised by the federal government for too long,” said Richard Cordray, director of the CFPB. [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]
28 Feb 2012, 9:39 am
In case you were wondering, the two “No” votes were by Senator Mike Lee of Utah, who has vowed to make the judicial confirmation process as difficult as possible in retaliation for President Obama’s January recess appointment of Richard Cordray to the U.S. [read post]
26 Feb 2012, 7:50 pm
Other correspondents pointed out Richard Cordray's public utterances that impact "unfairness" or "abuse," which are expected to be potent weapons in the CFPB's arsenal as it launches preemptive strikes on those who would "trick" consumers into thinking that they understood overdrafts when, as we all understand by now, only Washington , D.C. [read post]
25 Feb 2012, 9:48 pm
SEC Tightens Rules on Advisory Performance Fee Charges, SEC, February 15, 2012 More Blog Posts: Senate Passes Bill Banning Congressional Insider Trading, Institutional Investor Securities Blog, February 8, 2012 With Confirmation of Richard Cordray as Its Director, The Consumer Financial Protection Bureau Can Finally Get to Work, Institutional Investor Securities Blog, January 4, 2012 SEC and SIPC Go to Court to Over Whether SIPA Protects Stanford Ponzi Fraud Investors,… [read post]
25 Feb 2012, 11:39 am
See testimony of Richard Cordray before the House Subcommittee on TARP, Financial Services and Bailouts, Jan. 24, 2012 and the Senate Banking Committee, Jan 31, 2012. [read post]
24 Feb 2012, 11:25 am
Apple versus a mathematical law that governs market growth; an interview with Richard Cordray, director of the Consumer Financial Protection Bureau; the "Amish Bernie Madoff" and his community. [read post]
24 Feb 2012, 9:25 am
In Jan. 24 testimony before a House subcommittee, CFPB head Richard Cordray acknowledged that there is “real concern” over the issue, and expressed support for legislation that would resolve any doubt, according to the ABA. [read post]
23 Feb 2012, 5:35 am
"We are concerned that overdraft practices employed by some banks unnecessarily increase consumer costs by making it difficult to anticipate and avoid fees," said CFPB Director Richard Cordray. ... [read post]
22 Feb 2012, 6:08 am
Last week, Director Richard Cordray began to announce its domain. [read post]
21 Feb 2012, 9:30 pm
” Consumer Financial Protection Bureau (CFPB) Director Richard Cordray would see an increase of $91.3 million (26 percent) and 417 new employees (44 percent). [read post]
21 Feb 2012, 4:54 pm
Lazarus has an interesting quote from Cordray: "Unlike most services or products where consumers can shop around among different providers, consumers can't do that with these businesses," Cordray said. [read post]
17 Feb 2012, 9:51 pm
Brown (PDF) The Federal Arbitration Act More Blog Posts: Senate Passes Bill Banning Congressional Insider Trading, Institutional Investor Securities Blog, February 8, 2012 With Confirmation of Richard Cordray as Its Director, The Consumer Financial Protection Bureau Can Finally Get to Work, Institutional Investor Securities Blog, January 4, 2012 SEC and SIPC Go to Court to Over Whether SIPA Protects Stanford Ponzi Fraud Investors, Stockbroker Fraud Blog, February 6, 2012 [read post]
17 Feb 2012, 10:57 am
Gelman Federal oversight of collection, credit agencies could benefit civil plaintiffs By Jon Rehm Consumer Financial Protection Bureau (CFPB) director Richard Cordray announced today that collection agencies could be subject to federal oversight by the newly-created bureau. [read post]
16 Feb 2012, 10:40 pm
Richard Cordray, former Republican Attorney General from Ohio, is the head of this new agency. [read post]
16 Feb 2012, 12:58 pm
Richard Cordray, Director of the CFPB, recently testified that this was an oversight and that he supports a legislative solution to ensure that privileged information is not leaked to third parties through the CFPB.Committee Chairman Spencer Bachus (R-ALA) noted that the legislation protects both attorney-client and work product privilege. [read post]
16 Feb 2012, 6:40 am
Primarily because the new director of the Consumer Financial Protection Board, Richard Cordray, was a recess appointee, we have been covering the politics and legality of President Obama's recent recess appointments (here, here, here, here, and here). [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]
13 Feb 2012, 7:52 am
My favorite film, I say on those occasions when I'm asked, is Stanley Kubrick's Paths of Glory. [read post]
