Is Richard Cordray Using The CFPB For Political Gain?

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Is Richard Cordray Using The CFPB For Political Gain?

Is Richard Cordray Using The CFPB For Political Gain?

Mortgage Orb-

Among the politicians eyeballing 2014 is a name that should be very familiar to mortgage bankers: Richard Cordray, the director of the Consumer Financial Protection Bureau (CFPB). Cordray used to be attorney general of Ohio until Buckeye State voters kicked him out of office in 2010. Today, rumors are circulating around Ohio that Cordray is planning to return and run for governor.

If Cordray is going to run for governor, he can be satisfied in knowing that most Ohioans will not respond to his efforts by saying, “Who’s that guy?” A July survey conducted by Public Policy Polling found that Cordray has a 38% name recognition in the state and that he trailed the Republican incumbent, Gov. John Kasich, by a single point if they were to duel for office.

[MORTGAGE ORB]

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One Response to “Is Richard Cordray Using The CFPB For Political Gain?”

  1. Sarah says:

    Political gain means being helpful to Banks by providing special protections for grade A lendin’. This article seems to imply that Cordray is gaining political points by agitating against Banksters. Many borrowers were in fact keelhauled, just depends on whether the perspective is that of Rick Santelli or Bill Black. It’s clear what this author thinks, he can barely get past critizing Cordray before re-writing the housing crisis. Absurd indeed.

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