Vendor Sluggishness Used to be Just Bad Business. Now? Watch Out.
Just how far does the CFPB's reach go? "Some vendors performed poorly in getting their work done in a timely manner," said the CFPB's director. "It may well be that all of the financial regulators, including the consumer bureau, need to devote greater attention to the unsatisfactory performance of these vendors." [10/22/15]