Newsroom | Consumer Financial Protection Bureau

Speech

Published MAR 12, 2014

Deputy Director Steve Antonakes Remarks at the National Community Reinvestment Coalition Annual Conference

Good afternoon. It is a pleasure to be here and have the opportunity to speak at NCRC's Annual Conference. The Bureau has benefited from its strong working...

By Steve Antonakes

Speech

Published MAR 03, 2014

Prepared Remarks of CFPB Deputy Director Steve Antonakes at Protecting Nevada’s Consumers: A Common Ground Conference

Good morning. It is my pleasure to be with you at this Common Ground Conference. I would like to thank Attorney General Masto for hosting this important...

By Steve Antonakes

Speech

Published FEB 27, 2014

Prepared Remarks of Deputy Director Antonakes at the Federal Reserve Bank of Atlanta 2014 Banking Outlook Conference

Good morning. It is my pleasure to have the opportunity to be with you today at the Federal Reserve Bank of Atlanta's 2014 Banking Outlook Conference. I...

By Steve Antonakes

Speech

Published FEB 26, 2014

Prepared Remarks of CFPB Director Richard Cordray at the National Association of Attorneys General

Thank you for having me back again this year. I am glad to say that I now stand before you as the undisputed Director of the Bureau, having been confirmed...

By Richard Cordray

Press release

Published FEB 24, 2014

CFPB Takes Action Against Mortgage Lender for Illegal Payments

Today, the Bureau ordered a Connecticut mortgage lender, 1st Alliance Lending, LLC (First Alliance), to pay an $83,000 civil money penalty for violating...

Speech

Published FEB 19, 2014

Deputy Director Steven Antonakes Remarks at the Mortgage Bankers Association

Prepared Remarks of Steven Antonakes Deputy Director of the Bureau Mortgage Bankers Association Orlando, Florida February 19, 2014 Good afternoon. Thank you...

By Steve Antonakes

Press release

Published FEB 07, 2014

CFPB Takes Steps to Improve Information About Access to Credit in the Mortgage Market

Today, the Bureau is taking steps to improve information reported about the residential mortgage market to help better understand borrowers' access to...

Speech

Published FEB 07, 2014

Prepared Remarks of CFPB Director Richard Cordray on the HMDA Press Call

Thank you for joining us. Today we are taking important steps to improve information about the residential mortgage market. As Congress required in the...

By Richard Cordray

Press release

Published JAN 30, 2014

CFPB Commends HUD’s Action to Improve Mortgage Closing Process

Today, the Department of Housing and Urban Development (HUD) announced that they will be accepting electronic signatures on documents associated with...

Press release

Published JAN 30, 2014

CFPB Supervision Report Highlights Mortgage Servicing Problems In 2013

The Bureau today issued a report highlighting problems like unfair and deceptive practices in the mortgage servicing market uncovered through the Bureau's...

Press release

Published JAN 29, 2014

CFPB Takes Action Against PHH Corporation for Mortgage Insurance Kickbacks

Today, the Bureau initiated an administrative proceeding against PHH Corporation and its affiliates (PHH), alleging PHH harmed consumers through a mortgage...

Testimony

Published JAN 27, 2014

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 inviting me to testify today about the fourth Semi-Annual Report of...

By Richard Cordray

Speech

Published JAN 22, 2014

Prepared Remarks of CFPB Director Richard Cordray at the U.S. Conference of Mayors

Thank you for inviting me to come speak with you once again. When I was here in 2012, the Bureau had just opened its doors. Today, I come to you after more...

By Richard Cordray

Mortgages

Press release

Published JAN 16, 2014

CFPB Takes Action Against Mortgage Kickbacks

Bureau Orders Missouri Lender to Pay $81,000 for Illegal Kickback Scheme Today the Bureau ordered a Missouri mortgage lender, Fidelity Mortgage Corporation...

Speech

Published JAN 10, 2014

Prepared Remarks of CFPB Director Richard Cordray at the Phoenix Field Hearing

When people are making decisions about buying a home, they deserve the best possible guidance. Housing counselors and legal aid lawyers provide that sort of...

By Richard Cordray

Mortgages

Op-ed

Published JAN 08, 2014

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...

By Richard Cordray

Speech

Published JAN 07, 2014

Prepared Remarks of Director Richard Cordray at the National Association of Realtors

Thank you for having me today and I bring all of you good tidings of great joy for the new year. If you are like me, change comes hard and I will still find...

By Richard Cordray

Mortgages

Press release

Published JAN 07, 2014

CFPB Releases New Mortgage Rule Resources for Consumers

Today the Bureau released additional resources for consumers as part of its campaign to educate the public about the new protections provided by the...

Mortgages

Press release

Published DEC 30, 2013

CFPB Announces Increase in Higher-Priced Mortgage Loans Escrow Account Asset-Size Threshold

The Bureau today issued a final rule adjusting the asset-size threshold for certain creditors to qualify for an exemption from the requirement to establish...

Mortgages

Press release

Published DEC 23, 2013

CFPB and DOJ Take Action Against National City Bank for Discriminatory Mortgage Pricing

Today, the Bureau and the Department of Justice (DOJ) filed a joint complaint against National City Bank for charging higher prices on mortgage loans to...

Speech

Published DEC 19, 2013

Prepared Remarks of CFPB Director Richard Cordray on the Ocwen Enforcement Action Press Call

Today the Bureau, authorities in 49 states, and the District of Columbia are filing a proposed court order requiring the country's largest nonbank mortgage...

By Richard Cordray

Press release

Published DEC 19, 2013

CFPB, State Authorities Order Ocwen to Provide $2 Billion in Relief to Homeowners for Servicing Wrongs

Largest Nonbank Servicer Will Also Refund $125 Million to Foreclosure Victims and Adhere to Significant New Homeowner Protections Today, the Bureau...

Press release

Published DEC 18, 2013

CFPB Launches Nationwide Education Campaign About New Mortgage Rules

Materials Offer Consumers Tips on Taking Advantage of New Protections Today, the Bureau launched a campaign to educate the public about the new protections...

Mortgages

Press release

Published DEC 12, 2013

Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements

Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of...

Mortgages

Speech

Published DEC 05, 2013

Prepared Remarks of Director Cordray at the Consumer Federation of America

The Consumer Federation of America has been one of our foremost and fiercest allies for consumers. I would like to thank everyone here for your leadership...

By Richard Cordray

Mortgages