CFPB’s Cordray Threatened with Contempt Charges by House Panel
National Mortgage News, June 6, 2017–Kate Berry, Ian McKendry (subscription)
In a 15-page report released Tuesday by Republican staff, the committee claimed that the CFPB has not produced records showing that it conducted a full investigation of Wells’ branch sales practices or that it was aware of problems with phony accounts before the L.A. city attorney took action against the bank.
