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Volume 2009 - Number 14

July 2, 2009

News Briefs

Later this year, the Federal Financial Institutions Examination Council will issue proposed guidance on consumer... Federal banking regulators are seeking comments on an interim final rule that would provide that mortgage loans... First American Valuation and Property Solutions this week unveiled a new tool to help servicers and portfolio...

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The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

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