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Volume 21 - Number 3

February 9, 2010

Consumer Protection, Stronger FHA Central to FY11 Budget Plan

The Department of Housing and Urban Development is continuing its focus on strengthening the housing market and better protecting consumers with a $48.5 billion budget request to Congress, even as the Obama administration seeks restrictions on mortgage interest deduction. The FY 2011 HUD funding request is up from the $43.58 billion Congress approved for the department for...

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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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