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Live: Cordray targets vendors in MBA speech
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Banking
Wednesday, October 21, 2015
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Consumer Financial Protection Bureau Director Richard Cordray pulled no punches in a speech at the Mortgage Bankers Association annual convention in San Diego. In addition to issuing warnings about marketing services agreements, Cordray set his sights squarely on the shortcomings of technology vendors in preparation for the TILA-RESPA Integrated Disclosure rules implementation. Read on to see what the director wants done to those vendors.
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