Consumer Law

WSJ Article on CFPB Enforcement Chief Richard Corday

By Jeff Sovern

Here.  A subscription is required to read more than the first two paragraphs.  Here's a brief excerpt, which may whet your appetite enough to obtain that subscription: 

Asked in the interview how soon the Consumer Financial Protection Bureau would start bringing enforcement actions, Mr. Cordray said: "I will be seeing to it that we will be ready with some of our priorities immediately."

Mr. Cordray said mortgages, credit cards and student loans are high on his enforcement agenda. No decisions will be made until the agency digs into problem areas and sets its "priorities accordingly," he said. "I don't prejudge what we're going to find."

Full post as published by CL&P Blog on February 10, 2011 (boomark / email).