Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
Inside Washington (04/05/2011)
* WASHINGTON (4/6/11)--Elizabeth Warren defended her role in pending mortgage settlement talks in a letter sent to House Financial Services Committee Chairman Spencer Bachus on Monday. Warren, in charge of setting up the Consumer Financial Protection Bureau (CFPB), was responding to complaints that she went further than providing advice in addressing alleged careless mortgage practices by big banks. In the letter, Warren said the CFPB provided advice to federal and state officials regarding the potential servicing settlement, but added it would be inappropriate for her to disclose the contents of the inter-agency discussions. She stressed that the CFPB is not conducting settlement negotiations with mortgage servicers …


RSS print
News Now LiveWire
Breaking at #NewsNow: Matz to request revised RBC proposal, new comment period http://t.co/eLtYmzXRWn
14 hours ago
#NewsNow: Oct. 22 webinar will explore role of CDFI #creditunions. http://t.co/op1GV4mrYM
17 hours ago
CFPB announces $10M fine,$27.5M restitution v. Mich.-based Flagstar Bank for allegedly illegally blocking borrowers’ attempts to save homes.
17 hours ago
#NewsNow: Proposed MLA changes could restrict CU payday alternative loans. http://t.co/eKqtyMHD0P
17 hours ago
44 #creditunion professionals earn Development Educators designation #NewsNow http://t.co/GG551ofq31
18 hours ago