• Family averts foreclosure from under-fire servicer by MPA

    A California family is staying in its home after a local TV station’s investigation demonstrated that they had been illegally foreclosed on by a company that’s been under scrutiny for hasty foreclosures before

  • CFPB says lack of mortgage regulation failed consumers by Adam Smith

    CFPB director Richard Cordray has claimed that the pre-crisis lack of oversight in areas of the mortgage market let consumers down, and has defended the role of the CFPB

  • Obama's Summers fling don't mean a thing by Adam Smith

    President Barack Obama's top choice for Federal Reserve chair has withdrawn his name from contention, saying his confirmation was likely to be 'acrimonious'

  • Big bank to spend $4bn cleaning up legal messes by Ryan Smith

    One of the nation’s largest lenders will spend billions this year to put the lid on its compliance problems

  • Merrill must face mortgage lawsuit by Ryan Smith

    A New York State Supreme Court justice said Tuesday that Bank of America’s Merrill Lynch mortgage unit will have to defend a lawsuit over $1bn worth of mortgage-backed securities

  • Boulder originators carry on through 'biblical' flood by Ryan Smith

    This week’s deluge in Boulder, Colo., shattered a 73-year-old rainfall record and triggered the mandatory evacuation of some 7,000 households, but despite what nature was throwing at them some area mortgage originators soldiered on.


Should CFPB have more supervision over credit agencies?