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Volume 21 - Number 5

March 8, 2010

State Roundup

CSBS/AARMR. The Multistate Mortgage Committee of the Conference of State Bank Supervisors... Illinois. State Attorney General Lisa Madigan sued two mortgage brokers for their... Florida. Administrative charges were filed against unlicensed providers of loan... New York. The Manhattan District Attorney’s Office has announced the establishment of the...

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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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