Richard Cordray: “I don't believe in a scorched-earth approach.”

the irresponsible lending that precipitated the crisis and blew up the mortgage market and blew up the economy pushed most lending now to GSEs and eliminated, destroyed the secondary financing market, which has not yet recovered.

The fastest growing segment of student loan borrowers is actually older Americans.

I try to treat my employees the same way we will treat financial institutions--commend them on things they do well, and criticize them on things they don't do well, and treat them fairly based on the facts.

I think that enforcing the law fairly promotes economic freedom.