Biden appoints new Director to CFPB - Rohit Chopra

By
Mortgage and Lending with National Credit Fixers - Matt Listro
Biden appoints new Director to CFPB - Rohit Chopra
So - how does this affect use . . .
Chopra was formerly the student loan Ombudsman, so he has extensive experience with student loans. In November, he issued a statement advocating for more co-operation between the CFPB and the FTC citing that join efforts would reduce duplicative efforts and thereby lead to efficiencies which would translate to bigger recoveries for consumers. Additionally "we must stop ignoring Congress and recalibrate priorities and strategies in the financial services arena.
Maybe they will give more credence to the Congressional letter asking them to stop enforcing the TSR on Credit Repair Companies! See attached letter from Congress.

 

Matt

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Matt

Toll Free: 888-NCFIXER (623-4937)
Toll Free Fax: 888-FAX-4020 (329-4020)
Local: 860-282-6181
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Vernon CT 06066

credit repair company

Comments (1)

George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Matt I was not impressed with those running the CFPB under Obama, it improved under President Trump.  Hopefully Biden will go down more of the road of President Trump than Obama.

Jan 21, 2021 02:42 PM

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