Exercising his constitutional powers, President Barack Obama named Richard Cordray as the director of the newly created Consumer Financial Protection Bureau, which watches for violations of mortgage company laws. SEE ALSO: Ron Paul Attracts Young Voters The new appointment is controversial because President Obama chose to elect Cordray without Senate confirmation during Congress’ recess. The […]

WASHINGTON — The Obama administration is blaming the three largest U.S. mortgage lenders for the failures of its foreclosure-prevention program. It says they’ve done little to help people at risk of losing their homes. The Treasury Department said Thursday that Wells Fargo, Bank of America and JPMorgan Chase & Co. have failed to help enough […]

From news4jax.com: Expectant parents shopping for a home are not the only ones concerned about the date of the baby’s arrival.