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Volume 21 - Number 5

March 8, 2010

Worth Noting …

CitiMortgage, as manager for the California Public Employees Retirement System (CalPERS) Member Home... Ted Tozer was sworn in Feb. 24 as president of Ginnie Mae. Prior to his new position... The Mortgage Bankers Association has proposed a new forbearance program that would... Federal thrift and banking agencies, the Federal Trade Commission, and other government...

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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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