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Loan Modification

: Loan Modification & Home Loan News

Dems praise Fed handoff to Consumer Protection Bureau

By Moe Bedard

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(Source: The Hill) – Democratic lawmakers are hailing a recent move by the Federal Reserve to hand over certain mortgage rulemaking authority to the new Consumer Financial Protection Bureau (CFPB). On Tuesday, the Fed announced that it would not be finalizing three proposed rules detailing when homeowners can escape predatory loans. Since the the CFPB [...]

Full post as published by Loan Modification & Home Loan News on February 02, 2011 (boomark / email).

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