Introduction. The FAQs below come directly from the most recent CFPB guidelines for January 2014. Parts One and Two can be found here and here.
“We supported former Federal Reserve Chairman Paul Volcker’s simple idea: Don’t let federally insured banks gamble in the securities markets. Taxpayers shouldn’t be forced to
On September 4, 2013, the online Wall Street Journal reported an event that has not occurred in recent memory. The chances of seeing it happen
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
Well, this bit of news should come as no surprise: In anticipation of the January, 2014 implementation of the CFPB’s Qualified Mortgage (“QM”) Rules, Fannie
The local and national real estate markets have been on the ropes for five years. The third quarter of 2007 was the statistical peak for
Regrettably, I cannot disclose the source that provided me with this purloined post. ~ PCQ Lead Chief Counsel: “OK, everyone, I think we’re ready to start.
“Those who ignore history are doomed to repeat it.” Adapted from quote by George Santayana (1863-1952) Well, well, well. According to a recent article in Bloomberg.com,
If the politicians in Washington today were instead the CEOs of private industry, they’d all have been fired by now.” Anonymous [sort of] Introduction. At the
“I don’t care about being strong; I just want to look strong.” [Heard in the gym from a steroid-infused bodybuilder] This statement could have
