March on Over to our Economic Summit Next Week!

Last Chance! Register for Our 2014 Economic Summit Next Week! Our 2014 Economic Summit is next Friday, April 4th! We are looking forward to welcoming our attendees and distinguished speakers, including Consumer Financial Protection Bureau Director Richard Cordray, PG&E CEO and President Anthony Earley Jr.,…
Read More Continue reading

Getting it Right: Congress Includes Greenlining Recommendations in Push for Greater Diversity

Diversity isn’t a topic that typically gets mainstream media coverage — until now.  On March 6th a controversial article leaked an incomplete, internal Consumer Financial Protection Bureau study that revealed racial disparities within the agency’s workforce. Long story short, employees…
Read More Continue reading

Federal Consumer Finance Watchdog Richard Cordray Headlines Economic Summit in Oakland Apr. 4

Contact: Bruce Mirken, Greenlining Institute Media Relations Director, 510-926-4022; 415-846-7758 (cell) OAKLAND, CALIFORNIA – Federal Consumer Financial Protection Bureau Director Richard Cordray and Pacific Gas and Electric President and CEO Anthony F. Earley, Jr. will keynote The Greenlining Institute’s annual Economic Summit April 4.…
Read More Continue reading

CFPB’s Race Controversy: An Opportunity for Progress

American Banker by Orson Aguilar On March 6, American Banker published a controversial piece on Consumer Financial Protection Bureau internal data pointing to racial disparities in employee performance evaluations and satisfaction surveys. The leaked data reportedly found people of color at the…
Read More Continue reading

Greenlining Institute Comment to CFPB Debt Collection ANPR

The Consumer Financial Protection Bureau (CFPB) is considering consumer protection rules for the debt collection market. The Greenlining Institute filed comments on the CFPB’s proposed rules, emphasizing that there is a great need to curb abusive debt collection practices, especially…
Read More Continue reading

Greenlining is Non-Partisan, but House Republicans Are Wrong

I woke up this morning in disbelief. Today, the Republican-led House of Representatives approved a package of bills with deceitful titles working to fundamentally weaken the Consumer Financial Protection Bureau. The proposals — supported by 10 Democrats and 232 Republicans…
Read More Continue reading

New Rules of the Road for Mortgage Lenders and Borrowers – Part II

In my last post, I discussed new protections that are effective this month for home buyers seeking a mortgage. But that’s just the start: The new mortgage rules from the Consumer Financial Protection Bureau also protect you after you get your mortgage.…
Read More Continue reading

New Rules of the Road for Mortgage Lenders and Borrowers – Part I

If you’re current or aspiring homeowner, we have good news for you! Effective this month, new common-sense rules will help ensure that lenders treat borrowers fairly. The new rules come from the Consumer Financial Protection Bureau (CFPB), a federal agency…
Read More Continue reading

CFPB Strikes a Blow Against Discrimination in Auto Lending

The Consumer Financial Protection Bureau (CFPB) and Department of Justice (DOJ) ordered Ally Bank to pay $80 million in damages to more than 235,000 borrowers who were forced to pay higher interest rates due to the color of their skin.…
Read More Continue reading