Housing & Lending

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Senate Confirms Watt to Head FHFA

Tuesday, December 10, 2013

The Senate voted 57-41 on Tuesday to confirm Congressman Mel Watt as director of the Federal Housing Finance Agency (FHFA), a position that oversees Fannie Mae, Freddie Mac, and the Federal Housing Administration. Earlier today, the Senate also confirmed Patricia Millett – who was filibustered with Watt on October 31 – to serve on the … Read More

Categories: Fair Housing, News

CFPB Now Accepting Payday Loan Complaints

Thursday, November 14, 2013

Last week, the Consumer Financial Protection Bureau (CFPB) began accepting complaints from borrowers who encounter issues with payday loans. Payday loans are generally for $500 or less and provide a quick route to credit for consumers who may otherwise not qualify, though many must be fully repaid in a short period of time. In fact, … Read More

Categories: Fair Housing, News

Civil Rights Coalition: Appointment of Cordray Is the ‘Right Choice’ for Financial Consumers

Wednesday, January 4, 2012

Faced with ongoing obstruction by Senate Republicans against the confirmation of qualified nominees, President Obama today made a recess appointment of Richard Cordray to lead the newly created Consumer Financial Protection Bureau (CFPB). The Leadership Conference on Civil and Human Rights and coalition partners who supported the creation of the CFPB during the fight over … Read More

Categories: Fair Housing, News

Richard Cordray’s Nomination to Head CFPB Advances

Thursday, October 6, 2011

The Senate Judiciary Committee voted 12-10 today to send Richard Cordray’s nomination to head the new Consumer Financial Protection Bureau to the full Senate for consideration. “The senators who voted in Cordray’s favor sent a message to the greediest and most unscrupulous elements on Wall Street that the CFPB should be led by an experienced … Read More

Categories: Fair Housing, News

Cordray Shows Commitment to Protecting Consumers During Nomination Hearing

Wednesday, September 7, 2011

Richard Cordray, President Obama’s nominee to head the new Consumer Financial Protection Bureau, reiterated his commitment to “evenhanded, fair, and reasonable” enforcement of the nation’s consumer protection laws at his confirmation hearing before the Senate Banking Committee yesterday. In his testimony, Cordray explained how his experiences in Ohio provided him with a deep appreciation for … Read More

Categories: Fair Housing, News