Wells Fargo Could Be Slapped With Record $1 Billion Fine For Lending AbusesWells Fargo could be facing a record fine over mortgage lending and auto insurance abuses.
California GOP Leaders Back Financial Choice Act, Rollbacks To Dodd-FrankThe Financial Choice Act passed the U.S. House of Representatives, with the support of all 14 Republican representatives from California.
CALPIRG Study Analyzes Which Credit Card Companies Get The Most ComplaintsMore than 100 million Americans have credit cards and a report released on Tuesday breaks down which companies receive the most complaints.
Opinion: We Are Better Off Than We Were Four Years AgoTonight, when Vice President Biden and President Obama address the country the question before them is an obvious one: are we better off than we were four years ago? The answer is equally obvious: YES!
ConsumerWatch: Reverse Mortgages Confuse ElderlyThe bureau said foreclosure rates are rising at an “alarming rate” for senior homeowners with these reverse mortgages. The federal agency urged consumers especial older homeowners to do their research before using a reverse mortgage to tape their home equity.
ConsumerWatch: Government Launches Credit Card Complaint DatabaseThe government is launching an online database of complaints about credit cards. The public can see what types of complaints people have filed against any bank that issues credit cards.
ConsumerWatch: New Consumer Protection Agency Opens SF OfficeThe new Consumer Financial Protection Bureau opened for business on Thursday, with a branch office located in San Francisco.