Mortgage Policy
The Consumer Financial Protection Bureau (CFPB) held a field hearing on mortgage policy with consumer groups, industry stakeholders, and financial experts.… read more
The Consumer Financial Protection Bureau (CFPB) held a field hearing on mortgage policy with consumer groups, industry stakeholders, and financial experts. CFPB Director Richard Cordray unveiled the new CFPB “Ability to Repay” mortgage rule and criteria for qualified mortgages that he said were intended to protect all parties involved. The event, held in Westminster Hall in Baltimore, Maryland, opened with remarks by elected officials followed by Mr. Cordray’s remarks, a panel discussion with consumer and industry representatives, and then a period for comments from members of the public. close
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Carrie Hunt General Counsel and Vice President National Association of Federal Credit Unions->Regulatory Affairs
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