To say it’s been a rough year for Consumer Financial Protection Bureau Chief Richard Cordray may be somewhat of an understatement. Back in April, Cordray found himself defending ...
Read More »Cordray Addresses Income Inequalities
While many enjoyed their Labor Day Monday, Consumer Financial Protection Bureau Director Richard Cordray attended the American Federation of Labor and Congress of Industrial Organizations Labor Day Picnic to discuss three forms of financial inequality deepening the divide between those trying to stretch their dollar and the wealthy.
Read More »The Final Rule
The Consumer Financial Protection Bureau released the final ruling for TILA annual threshold adjustments Wednesday revising the dollar amounts for regulations that fall under Regulation Z. Take a look at what’s changed.
Read More »Seniors Overreaching
In a recent brief the Consumer Financial Protection Bureau (CFPB) examined the financial tradeoffs of entering into a reverse mortgage at the age of 62.
Read More »Republican Governors Association Probe
Richard Cordray is taking heat once again due to rumors circulating that he intends to run for Governor of Ohio when his tenure as the Director of the Consumer Financial Protection Bureau ends.
Read More »The Costs of the QM Rule
Credit unions are struggling with the CFPB’s ability-to-repay/qualified mortgage rule. But how is it affecting the American homebuyer?
Read More »Do Americans Really Support the CFPB?
Though a recent poll shows overwhelming support for both the Dodd-Frank Act and the CFPB, one expert thinks the results may be skewed. How accurate is the poll really?
Read More »It’s All in the Details
Arbitration can be looked at in two ways when it comes to the Consumer Financial Protection Bureau’s (CFPB) recent rule. In the way the CFPB looks at it, they are helping the consumer, but many Senators think differently. See what they’re saying and what they’re doing about it here.
Read More »CFPB: You Have the Right To File
Many consumers don’t even know whether their bank or credit card agreement has an arbitration clause, but as of Monday, that might not be relevant.
Read More »Things Could Be Looking Up for National Originator
Since 2008, industry mandated best practices have been put in place for consumers’ protection, but what happens when there’s oversight, and what can banks do to make it right?
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