CFPB head Cordray: Here are the next 3 priority areas for enforcement actions

Outlining the regulatory actions of the CFPB from 2014 to the present, Richard Cordray emphasized that the cost of compliance, though burdensome for the #mortgage industry, was only what it should expect in light of the damage it caused, saying regulations were “inevitable” in light of the “far-reaching” effects of the financial crisis that Congress was trying to fix. http://www.housingwire.com/articles/38363-cfpb-head-cordray-here-are-the-next-3-priority-areas-for-enforcement-actions ❤️ #share #mortgage