Category Archives: CFPB

Q-Rant! Barney Defends Frankendodd!

Posted on by Phil Querin

Former Congressman Barney Frank testified before the House of Representatives Committee on Financial Services on Wednesday, arguing that the Dodd-Frank Wall Street Reform and Consumer Protection Act and the voluminous set of regulations that followed shortly thereafter was a positive for the economy and safeguarded the American public from ever having to face an economic down turn […]

Continue reading “Q-Rant! Barney Defends Frankendodd!” »

Posted in CFPB, Dodd-Frank, Federal Reserve, Financial Crisis, Legislation - Federal, Miscellany, Q-Rants | Tagged , , ,

CFPB Slapped Down For Accounting Deficiencies

Posted on by Phil Querin

How embarrassing! After galloping into town with six shooters blazing, the new sheriff, err, correction, the CFPB, or as they like to refer to themselves – in J. Edgar terms – “the Bureau,” just got ignominiously shot down. It seems that the uber-regulator charged with single-handedly protecting American consumers from themselves, has a little housekeeping […]

Continue reading “CFPB Slapped Down For Accounting Deficiencies” »

Posted in CFPB, Dodd-Frank, Federal Regulation, Miscellany

Oregon MLO Licensing Exemptions for Manufactured Structure Dealers

Posted on by Phil Querin

Who would have thought that the financial crisis brought about by Big Bank Shenanigans would incentivize national and state regulators to impose Draconian rules on the sale of pre-owned manufactured homes?  This relatively small industry is the last vestige of affordable housing in this country.  This misguided effort is akin to regulating row boats after the Titanic […]

Continue reading “Oregon MLO Licensing Exemptions for Manufactured Structure Dealers” »

Posted in CFPB, Dodd-Frank, Federal Regulation, Financial Crisis, Legislation - Oregon, Residential Housiing | Tagged , ,

The CFPB – Spawn of Frankendodd

Posted on by Phil Querin

It is no secret that my regard for the Consumer Finance Protection Bureau (“the CFPB”) is akin to my regard for Bubonic Plague; they both grow exponentially, can be difficult to eradicate – and they both come from rats.  For background about this regulatory Leviathon, see my rants posts here and here.

Continue reading “The CFPB – Spawn of Frankendodd” »

Posted in CFPB, Dodd-Frank, Fannie&Freddie, Financial Crisis, GSEs, Legislation - Federal, Miscellany, Subprime Mortgages | Tagged , , , ,
  • Categories

  • Archives