Posts Tagged “Consumer Protection”

News Sources wrote an interesting post today on
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Congress moving toward a consumer financial watchdog with real biteWashington Post… mortgage companies, brokers and others nationwide. Though no specific types of loans are prohibited in the legislation itself, the CFPA almost certainly …Unveiling Wall Street reform Dallas Business JournalRoberts: Limit financial setbacks with consumer protection Indian Country TodayFinancial Reform Bill to Tighten Regulations on Private Student Loans AACRAO Transcript mySouTex.com  - Personal Liberty Digestall 10 news articles »

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News Sources wrote an interesting post today on
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Because nothing says “consumer protection” like pressuring banks into making loans to people who have no business taking them . Remember that subprime loans were at the heart of the financial meltdown that led to our current recession, and that all those subprime loans were the result of the government mandating and/or incentivizing their existence through regulatory pressure and manipulations through government-backed lenders Fannie Mae and Freddie Mac. Expect to see more bad mortgages

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News Sources wrote an interesting post today on
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House Financial Services Committee Chairman Barney Frank (D-Mass.) (WDCpix) As a House committee begins tackling major financial regulatory reform, consumer advocates find themselves shaking their heads over why something that should have been a slam dunk — reining in the financial industry in the wake of the subprime crisis — has turned into a hard-fought battle instead. Proposals for a Consumer Financial Protection Agency, a new federal authority to regulate mortgages and other financ

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News Sources wrote an interesting post today on
Here’s a quick excerpt
House Financial Services Committee Chairman Barney Frank (D-Mass.) (WDCpix) As a House committee begins tackling major financial regulatory reform, consumer advocates find themselves shaking their heads over why something that should have been a slam dunk — reining in the financial industry in the wake of the subprime crisis — has turned into a hard-fought battle instead. Proposals for a Consumer Financial Protection Agency, a new federal authority to regulate mortgages and other financ

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News Sources wrote an interesting post today on
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Good afternoon. For the last several months, this administration has been working with Congress to reform an outdated system of financial regulations and lax oversight that helped lead to last year’s crisis. And I want to thank Chairman Chris Dodd, Chairman Barney Frank, and Senator Richard Shelby for the leadership and enthusiasm they’ve shown throughout this process. Part of our reform effort involves putting in place new safeguards that would help prevent the irresponsibility and reckles

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