New mortgage rules protect American dream
Crossposted from USAToday.com. This opinion editorial originally ran on January 7, 2014 online and in the print edition on January 8, 2014. Let me tell you...
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Director Cordray Remarks At The Clearing House Annual Conference
Prepared Remarks of Richard Cordray Director of the Bureau The Clearing House Annual Conference November 21, 2013 Thank you so much for having me here...
Director Cordray Remarks at the American Bankers Association Annual Convention
Prepared Remarks of Richard Cordray Director of the Bureau American Bankers Association Annual Convention New Orleans, Louisiana October 21, 2013 Thank you...
Director Cordray Remarks at the American Banker Regulatory Symposium
Thank you so much for having me here today as you discuss the aftermath of the financial crisis and the future of banking regulation. I know many of you are...
CFPB Bulletin Warns Employers Against Exclusive Use of Payroll Cards
The bulletin also explains some of the federal consumer protections that apply to payroll cards, such as fee disclosure, access to account history, limited...
Prepared Remarks of Richard Cordray at the NAFCU Annual Conference
Thank you so much for allowing me to join you here today. Since our inception, the Bureau has enjoyed a relationship with credit unions based on mutual...
The CFPB Issues Procedural Rule on Supervising Nonbanks that Pose Risks to Consumers
Nonbanks subject to the rule are companies that offer or provide consumer financial products or services but do not have a bank, thrift, or credit union...
Director Cordray Remarks to the Exchequer Club
Thank you. It is a privilege to speak to this group, which touches nearly every sector of our economy. One thing we share in common is that we all have been...
Prepared Remarks of Director Richard Cordray on Overdraft Report Press Call
This report describes a broad variety of different overdraft practices and different consumer experiences. It also raises concerns about the ability of...
CFPB Report Raises Concerns About Impact of Overdraft Practices on Consumers
The report shows big differences across financial institutions when it comes to overdraft coverage on debit card transactions and ATM withdrawals, drawing...
The CFPB Establishes Framework to Better Coordinate with State Regulators
The framework will apply in situations where the CFPB and state regulators share concurrent supervisory jurisdiction.
Director Richard Cordray Remarks at the Consumer Advisory Board Meeting in Los Angeles
Today, I will focus on our crucial task of connecting with consumers, which we must do well in order to help them properly. In particular, it is important...
Prepared Remarks of Richard Cordray at the Investing in Our Future Conference
We want consumers to be able to navigate the financial marketplace effectively and to take more control over their economic lives in pursuit of their goals.
CFPB Revises Rule Protecting Consumers Sending Money Internationally
The remittance rule creates a comprehensive consumer protection regime for remittance transfers sent by consumers in the United States to individuals and...
The CFPB Amends Card Act Rule to Make it Easier for Stay-at-Home Spouses and Partners to Get Credit Cards
Today's amendment, first proposed by the Bureau in October 2012, allows credit card issuers to consider income that a stay-at-home applicant, who is 21 or...
CFPB Statement on Deposit Advance Product Announcements by Banking Regulators
These statements addressed risks associated with these short-term, small-dollar loans. The Bureau also sees significant consumer risks and looks forward to...
Prepared Remarks of Steve Antonakes at the American Bankers Association
Since our inception, the Bureau has enjoyed a productive working relationship with the American Bankers Association and its state member affiliates which I...
Prepared Remarks of Richard Cordray Before Independent Community Bankers of America
We have done good work together, and we have much more good work ahead of us. And so I want to start by thanking all of you for your help and your...
Remarks of CFPB Acting Deputy Director Steve Antonakes
The Consumer Bankers Association and the Bureau have enjoyed a cooperative working relationship since the Bureau's inception which I believe has benefited...
Prepared Remarks by Richard Cordray at a Consumer Advisory Board meeting
Since we first became an independent agency, the Consumer Bureau has been focused on the financial issues that are common to the everyday lives of most...
Consumer Financial Protection Bureau Launches Inquiry on Campus Financial Products
To better understand the market, the CFPB is publishing today a Notice and Request for Information on the topic of campus financial products. Campus...
CFPB Proposes Revisions to Rule Protecting Consumers Sending Money Internationally
Today's proposal builds on a final rule on international money transfers that was published by the Bureau on February 7, 2012, and later supplemented on...
Prepared Remarks by Richard Cordray in a Live Session on Requirements for Remittance Transfer Providers
This guide seeks to present the rule and its requirements in an easy-to-read document to assist banks and non-banks alike.
FFIEC Statement on the Impact of Drought Conditions on Financial Institutions
The Federal Financial Institutions Examination Council today encouraged financial institutions to work constructively with borrowers affected by drought...
Remarks by Kent Markus in an American Express Enforcement Action Press Phone Call
As you have heard, today's CFPB enforcement actions involve violations at three American Express entities and will return an estimated $85 million to...