CFPB Proposes "Minor Changes" to Mortgage Rules to Ensure Access to Credit.

The article reports on the proposed minor adjustments of the Consumer Financial Protection Bureau (CFPB) to its mortgage rules to ensure access to credit in the U.S. It highlights the statement of CFPB Director Richard Cordray about the proposal which is designed to encourage lenders to provide access to credit to consumers seeking loans. It mentions the the Ability-to-Repay rule of the bureau.