The Consumer Financial Protection Bureau (CFPB) has set new rules to block what it sees as abuses of the foreclosure process. The Washington Post reports that the action is to: ... Read Full Story »
The federal Consumer Financial Protection Bureau (CFPB) announced today the adoption of new rules for mortgage lenders that prohibit deceptive teaser rates or no-documentation from borrowers, as well as requirements ... Read Full Story »
The U.S. Consumer Financial Protection Bureau (CPFB) today announced an enforcement action against American Express Co. (NYSE: AXP) that will cost the company $27.5 million in fines and $85 million ... Read Full Story »
Google (NASDAQ: GOOG) splits its stock in a way that will help its founders keep control, and the company also announces strong earnings. (Reuters) China’s GDP reaches a three-year low. ... Read Full Story »
Goldman Sachs (NYSE: GS) tries to end a legal case concerning fraud in its CDO sales. (Reuters) China’s factory activity slows, as evidenced by the HSBC flash PMI of 48.1, a low reading. ... Read Full Story »
Updated throughout the day. The White House may pick an associate of Wall St. critic Elizabeth Warren to run the Consumer Financial Protection Bureau (Reuters) News Corp (NYSE: NWS) will ... Read Full Story »