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Volume 9 - Number 5

March 3, 2010

Paulson Criticizes FHFA, OFHEO Oversight of GSEs

Former Treasury Secretary Henry Paulson’s new book, On The Brink: Inside the Race to Stop the Collapse of the Global Financial System, makes clear that the Bush administration put on a full-court press to rein in Fannie Mae and Freddie Mac before they collapsed, making foreign investors lose confidence in the U.S. and perhaps even causing a run on the dollar. However, the Federal...

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Poll

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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Housing Pulse

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