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Volume 25 - Number 4

February 17, 2014

Bureau Raises More Concerns About Student Financial Products

In another sign that more regulatory scrutiny could be brought to bear upon financial institutions that market bank accounts, prepaid and debit cards and other products to college students, the CFPB recently highlighted concerns about how such products are marketed and how transparent the related agreements between financial institutions and colleges and universities are. Recently, the bureau alerted financial institutions about what it thinks is the potentially risky practice of not readily disclosing arrangements with colleges and universities to...

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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