WASHINGTON — Mistakes in credit reports cross political-party lines, but the new federal consumer protection agency assigned to regulate credit-reporting companies faces some significant hurdles in that task. Chief among them is that a majority of Senate Republicans say the office has too much power.
Thursday, May 3, 2012
Housing Finance Chief Blocked Plan to Reduce Mortgage Principal
A top U.S. housing regulator failed to implement a plan to cut loan principal balances for millions of underwater homeowners even though a pilot program showed two years ago it could save
Tuesday, March 13, 2012
New Rules for Servicers on Communnicating With Borrowers
In an attempt to facilitate a more honest relationship between mortgage servicers and providers, the Consumer Financial Protection Bureau has created new rule
Wednesday, February 8, 2012
Student Loan Debt Bubble
The weak economic recovery is at risk of being reversed by what many observers describe as a student loan debt bubble. Similar to the housing market before 2008, efforts by families and governments to make college
Tuesday, January 24, 2012
Consumer Resources: California's Rosenthal Act Sets Standards for Collector Conduct
Adopted in 1977, the Rosenthal Fair Debt Collection Practices Act is contained in the California Civil Code. |
Tuesday, January 10, 2012
New Consumer Financial Protection Bureau Ramps Up Operations
The first head of the federal government's new Consumer Financial Protection Bureau (CFPB)
Subscribe to:
Posts (Atom)