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CRL: Cordray's Renomination Is Good News

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CRL STATEMENT ON RENOMINATION OF CFPB DIRECTOR CORDRAY

Center for Responsible Lending
January 24, 2013

We’re pleased that President Obama has re-nominated Richard Cordray as Director of the Consumer Financial Protection Bureau. Under Director Cordray’s leadership, the CFPB has struck an important balance between improving key consumer protections and preserving access to credit and financial services. Its work is benefitting American families, responsible lenders, and the overall economy.  The CFPB should be allowed to continue this important work without the disruption of an unnecessary leadership change.

For more information, contact Kathleen Day in DC at 202.349.1871 or kathleen.day@responsiblelending.org; Graciela Aponte in Calif. at 510.379.5518 or graciela.aponte@responsiblelending.org; or Ginna Green at 510.379.5513 or ginna.green@responsiblelending.org.

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About the Center for Responsible Lending

The Center for Responsible Lending is a nonprofit, nonpartisan research and policy organization dedicated to protecting homeownership and family wealth by working to eliminate abusive financial practices. CRL is affiliated with Self-Help, one of the nation's largest community development financial institutions.