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Volume 21 - Number 2

January 25, 2010

State Roundup

Oregon. Attorney General John Kroger announced a settlement which barred a California law firm from doing any more loan modifications in the state. The settlement also required the USMAC Law Group of Aliso Viejo, CA, to return $6,857 to two Oregon homeowners. Nine other homeowners who paid upfront fees to the law firm may also be eligible for refunds, according...

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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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