CFPB Director: Dire Predictions That Our Rules Would Kill Small Institutions “Unsupported Hyperbole”

Speaking before real estate agents, CFPB Director Cordray recaps the accomplishments of the bureau, including its role in addressing the mortgage crisis. He cited naysayers who "offered dire predictions that our rules would lead to the demise of community banks and credit unions... We never believed any of this unsupported hyperbole. And it turns out we were right." [9/18/15]