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Volume 21 - Number 17

August 23, 2010

Federal Roundup

Federal Trade Commission. Credit Reporting Notices. The FTC has proposed changes to the notices that consumer reporting agencies provide to consumers, users and furnishers of credit report information under the Fair Credit Reporting Act. The agency is seeking comments on...

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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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