Quantcast
more

CFPB Opposes 20% Down Payment, Won't Abuse Powers: Cordray

by Kate Berry
SEP 13, 2012 4:38pm ET
Print
Email
Reprints
(1) Comment

The Consumer Financial Protection Bureau will not include a 20% down payment requirement for low-risk loans in its pending mortgage proposal, nor does it seek to covertly rewrite Dodd-Frank, Director Richard Cordray told Senate Banking.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

In Pictures
Comments of the Week: Dimon's Reputation; What to Do About Fannie, Freddie

Email Newsletters

Get the Daily Briefing and the Morning Update when you sign up for a free trial.

Video
Image: Bloomberg News
Is It Safe to Kill Fannie and Freddie?
TWITTER
FACEBOOK
LINKEDIN

This feature displays payments industry news and analysis from American Banker sibling brand PaymentsSource. Registration is required; for more information contact customer service.

MOST VIEWED
MOST EMAILED
Marketplace
Fiserv is a leading global provider of information management and electronic commerce systems for the financial services industry.
Learn More
Informa Research Services is the premier provider of competitive intelligence, mystery shopping, and compliance testing services to the financial industry.
Learn More
CSC is a leader in private-label, third-party loan servicing with 30+ years of proven experience in delivering effective, cost-effective solutions.
Learn More

More Departments

Risk Management See All »

Markets See All »

National See All »

Washington See All »

Retail Delivery See All »

Mortgage See All »

Wealth Management See All »

Mobile Banker See All »

Already a subscriber? Log in here
Please note you must now log in with your email address and password.