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Category: Speech |

Prepared Remarks of Richard Cordray, Director of the CFPB, at the National Association of Federal Credit Unions

Good morning and thank you for having me join you today. For five years now, the Consumer Financial Protection Bureau and America’s credit unions have had the opportunity to work together on behalf of all Americans. Our responsibility is to support and protect consumers. For credit unions, these same people are more than your customers; they are your members. We share many goals in common as we pursue our respective objectives, and we have a considerable stake in one another’s success.

Category: Speech |

Prepared Remarks of CFPB Director Richard Cordray at the Mortgage Bankers Association Annual Convention

Thank you for inviting me today.  As we continue to emerge from the Great Recession, the housing market is finally rebounding in many areas around the country.  It is a very positive development, one that is good for consumers, good for the mortgage industry, and good for the United States of America.  Just to be […]

Category: Press release |

CFPB Finalizes Rule to Improve Information About Access to Credit in the Mortgage Market

Bureau Takes Steps to Simplify the Reporting Process for Financial Institutions WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule to improve information reported about the residential mortgage market. The rule will shed more light on consumers’ access to mortgage credit by updating the reporting requirements of the Home Mortgage Disclosure […]

Category: Testimony |

Written Testimony of CFPB Director Richard Cordray Before the House Committee on Financial Services

Chairman Hensarling, Ranking Member Waters, and Members of the Committee – thank you for the opportunity to testify today about the Consumer Financial Protection Bureau’s latest Semi-Annual Report to Congress. We appreciate your continued oversight and leadership as we work together to strengthen our financial system and ensure that it serves consumers, responsible businesses, and […]