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NCUA Town Hall webinar to include CFPB Director Cordray

Credit unions are encouraged to take part in a free webinar from the NCUA on Feb. 5. at 3pm EST. The featured guest on the webinar will be Consumer Financial Protection Bureau (CFPB) Director Richard Cordray. He will discuss the CFPB’s recently finalized regulations, proposed rules and enforcement efforts. The CFPB is expected to release final rules on mortgages, including ability to repay standards and restrictions on mortgage loan originator compensation, as early as Wednesday.

“I know that credit union officials have many questions about the CFPB, so Director Cordray has agreed to join my webinar to discuss the changing environment for financial regulation and consumer protection,” Chairman Matz said. “This webinar will provide a unique opportunity for credit union officials to ask questions directly to Mr. Cordray.”

The webinar will feature a broad discussion of new developments in financial regulation, including CFPB’s recently finalized regulations, proposed rules, and enforcement efforts. Online registration is free and now open. Participants will use the same link to log into the webinar, and they should allow pop-ups from this website.

During the webinar, questions about any topic relating to the credit union industry or the CFPB can by typed into the webinar software. Attendees can also submit advance questions at WebinarQuestions@ncua.gov. The subject line of the email should read, “NCUA-CFPB Town Hall.”

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