| 2017-12-11 | Betsy DeVos Blocks Debt Relief for 200,000 Defrauded For-Profit College Students Despite Career Staff Recommendations
4 src Betsy DeVos · U.S. Department of Education · Corinthian Colleges |
| confirmed |
| 2017-11-24 | Trump Installs Mick Mulvaney as CFPB Acting Director, Beginning Systematic Gutting of Consumer Protection Agency
4 src Mick Mulvaney · Donald Trump · Consumer Financial Protection Bureau |
| confirmed |
| 2017-10-05 | CFPB Finalizes Payday Lending Rule Requiring Ability-to-Repay Assessment After Industry Spent $13 Million Lobbying
4 src Consumer Financial Protection Bureau |
| confirmed |
| 2017-01-17 | CFPB Sues Navient for Systematically Cheating 12 Million Student Loan Borrowers Through Illegal Servicing Practices
4 src Consumer Financial Protection Bureau |
| confirmed |
| 2016-09-06 | ITT Technical Institute Closes Permanently After Federal Fraud Findings Leave 35,000 Students With Worthless Degrees
4 src U.S. Department of Education · Securities and Exchange Commission |
| confirmed |
| 2015-11-16 | Education Management Corporation (EDMC) Settles Largest-Ever For-Profit Education Fraud Case for $95.5 Million, Forgives $103 Million in Student Loans
3 src Education Management Corporation (EDMC) · U.S. Department of Justice | | confirmed |
| 2015-04-27 | Corinthian Colleges Files Bankruptcy After Federal Crackdown on For-Profit College Fraud
4 src Corinthian Colleges · U.S. Department of Education · Consumer Financial Protection Bureau · Association of Private Sector Colleges and Universities |
| confirmed |
| 2012-07-30 | Senate Harkin Report Documents Massive Fraud and Abuse in For-Profit College Industry
3 src Senate HELP Committee · University of Phoenix · Corinthian Colleges · Education Management Corporation (EDMC) |
| confirmed |
| 2010-07-21 | Dodd-Frank Act Creates Consumer Financial Protection Bureau to Regulate Predatory Lending
4 src Barack Obama · Elizabeth Warren · Richard Cordray · Consumer Financial Protection Bureau |
| confirmed |
| 2009-06-08 | Wells Fargo Loan Officers Reveal "Ghetto Loans" and "Mud People" Targeting: Racial Predation in Subprime Lending Documented
3 src Wells Fargo · NAACP |
| confirmed |
| 2008-07-01 | Bank of America Completes $4 Billion Acquisition of Countrywide Financial After Predatory Lending and Fraud Schemes Targeting Minorities Caused $50 Billion in Losses, with CEO Angelo Mozilo Paying Only $67.5 Million SEC Settlement and Facing Zero Criminal Charges
4 src Countrywide Financial · Bank of America · Securities and Exchange Commission · Department of Justice · +1 |
| confirmed |
| 2006-12-31 | New Century Financial Conceals Massive Early Payment Defaults Through Accounting Fraud in 2006
2 src Securities and Exchange Commission · Rating agencies |
| confirmed |
| 2006-09-29 | Federal Regulators Issue Weakened Mortgage Guidance After Year of Industry Lobbying, Ignoring Warnings
4 src Office of the Comptroller of the Currency · Federal Reserve · Federal Deposit Insurance Corporation · Office of Thrift Supervision · +3 |
| confirmed |
| 2006-07-01 | Housing Bubble Peaks as Predatory Subprime Lending Reaches Maximum, Setting Stage for Collapse
3 src Countrywide Financial · Washington Mutual · Federal Reserve · Rating agencies |
| confirmed |
| 2006-01-23 | Ameriquest Agrees to $325 Million Settlement for Predatory Lending Practices with 49 States
3 src State Attorneys General |
| confirmed |
| 2006-01-01 | Countrywide Begins Process to Switch to Office of Thrift Supervision for Lighter Regulation
3 src Countrywide Financial · Office of Thrift Supervision · Office of the Comptroller of the Currency |
| confirmed |
| 2006-01-01 | IndyMac and WaMu Drive Option ARM Mortgages to 42% of Adjustable-Rate Market in 2006
3 src Washington Mutual · Countrywide Financial · Office of Thrift Supervision |
| confirmed |
| 2004-01-13 | OCC Federal Preemption Blocks State Anti-Predatory Lending Protections
4 src National City Bank · Wells Fargo · Bank of America |
| confirmed |
| 2003-01-07 | OCC Preempts Georgia Fair Lending Law, Blocking State Consumer Protections
3 src Office of the Comptroller of the Currency · National City Bank · American Bankers Association |
| confirmed |
| 2000-03-01 | Subprime Lending Explodes as Predatory Practices Spread to Minority Communities
3 src Citigroup |
| confirmed |