RALEIGH, N.C. — Consumer Financial Protection Bureau Director Richard Cordray sought to allay lender fears Wednesday about the agency's new mortgage rules, pledging to be flexible with companies struggling to comply by the January deadline.

Speaking at a conference hosted by the North Carolina Bankers Association, Cordray said the agency would release a second set of amendments to its ability-to-pay rule "any day now," bolstering the first set released in May.

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