Nov 29, 2017 | News
← Previous Article Next Article → A federal judge ruled late Tuesday afternoon against a request by Leandra English, former Chief of Staff and recently-promoted Deputy Director at the Consumer Financial Protection Bureau (CFPB), for an injunction that would...
Nov 28, 2017 | News
← Previous Article Next Article → The New York Fed issued a report earlier this month comparing various forms of household debt and credit. Credit card delinquencies crept up to 4.6% for the third quarter of 2017, although delinquencies remain well below the...
Nov 28, 2017 | News
← Previous Article Next Article → On November 26th a federal court jury in Philadelphia found former payday lending mogul Charles Hallinan and his business attorney Wheeler Neff guilty of racketeering and fraud. Hallinan was convicted for utilizing the same...
Nov 27, 2017 | News
← Previous Article Next Article → On the day after Thanksgiving when most Americans were out shopping for the holidays, outgoing Consumer Financial Protection Bureau (CFPB) Director Richard Cordray quietly appointed his Chief of Staff, Leandra English, as...
Nov 22, 2017 | News
As part of the agency’s financial education mandate, the Consumer Financial Protection Bureau released a report this week chronicling consumer experiences with bank account overdraft coverage. The study found that many account holders did not understand how their...
Nov 22, 2017 | News
The Consumer Financial Protection Bureau (CFPB) asked a federal judge in California on November 19th to hit CashCall with $287 million in restitution and penalties for making thousands of loans that borrowers were not legally obligated to repay. CashCall worked...
Nov 21, 2017 | News
Federal Reserve Chair Janet Yellen announced this week that she will be leaving the Federal Reserve Board entirely when her term as chair runs out in February 2018. She previously served as President of the San Francisco Fed before taking a vice-chair position in 2010...
Nov 21, 2017 | News
With the recent news that current Consumer Financial Protection Bureau (CFPB) Director Richard Cordray will step down by the end of the month, the Trump Administration is rumored to be considering Office of Management and Budget (OMB) Director Mick Mulvaney to manage...
Nov 20, 2017 | News
Waiting patiently since his nomination back in June, former president and CEO of OneWest Bank Joseph Otting was confirmed by the Senate to become the next leader of the Office of the Comptroller of the Currency (OCC). At OneWest, Otting served with Treasury Secretary...
Nov 16, 2017 | News
With the news earlier this week that the Director of the Consumer Financial Protection Bureau (CFPB), Richard Cordray, would leave his post by the end of the month, members of the financial services industry and Washington insiders are already speculating on who might... 
