Written Testimony of Richard Cordray Director, Consumer Financial Protection Bureau United States Senate Committee on Banking, Housing, and Urban Affairs Washington, D.C. September 13, 2012 Chairman Johnson, Ranking Member Shelby, and Members of the Committee, thank you for inviting me to testify today about the Semi-Annual Report of the Consumer Financial Protection Bureau. Just [...]
Author archive: Richard Cordray
Prepared Remarks by Richard Cordray in a mortgage servicing proposed rules press call
Prepared Remarks by Richard Cordray Director of the Consumer Financial Protection Bureau Mortgage Servicing Proposed Rules Press Call Washington, D.C. Embargoed until August 10, 2012 Mortgage servicing issues are sensitive and important because they involve the frightening prospect of people losing their homes. Think of what your home means to you. Losing your house – [...]
Written Testimony of Richard Cordray Before the House Committee on Small Business
Written Testimony of Richard Cordray Director, Consumer Financial Protection Bureau Before the House Committee on Small Business August 1, 2012 Chairman Graves, Ranking Member Velazquez, and Members of the Committee: thank you for inviting me here today to talk about the CFPB’s compliance with the Regulatory Flexibility Act (RFA) and its implementation of section 1100G [...]
Written Testimony of Richard Cordray Before the House Oversight and Government Reform Subcommittee on TARP, Financial Services, and Bailouts of Public and Private Programs
Written Testimony of Richard Cordray Director, Consumer Financial Protection Bureau Before the House Oversight and Government Reform Subcommittee on TARP, Financial Services, and Bailouts of Public and Private Programs Washington, D.C. July 24, 2012 Chairman McHenry, Ranking Member Quigley, and Members of the Subcommittee: thank you for inviting me here today to talk about the [...]
Prepared Remarks by Richard Cordray in a Press Call about the “Financial Aid Shopping Sheet”
Prepared Remarks by Richard Cordray Director of the Consumer Financial Protection Bureau Press Call with Education Secretary Arne Duncan “Financial Aid Shopping Sheet” July 23, 2012 The cost of higher education has skyrocketed. Being able to afford a college degree is difficult. Borrowing for school is a reality of life. In this country, outstanding student [...]
Prepared Remarks by Richard Cordray for the Private Student Loan Report Press Call
Prepared Remarks by Richard Cordray Director of the Consumer Financial Protection Bureau Private Student Loan Report Press Call Washington, D.C. July 19, 2012 These days, the prospect of saving and paying for education can be daunting. Even if you save from the day your child is born, it may not be enough by the time [...]