Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
W S

Barney Frank denies interest in chairing Consumer Financial Protection Bureau

/ Print / Reprints /
| Share More
/ Text Size+
A spokesperson for Rep. Barney Frank (D-Mass.) told HousingWire there was no truth to the rumors he might chair the upcoming Consumer Financial Protection Bureau. Under the Dodd-Frank Act, the newly formed CFPB will oversee seven regulators beginning July 21, 2011. President Obama appointed former Congressional Oversight Panel Chairman Elizabeth Warren as the overseer of the bureau. According to a survey by tax and advisory firm Grant Thornton, 73% of bankers said the CFPB would be the one provision under Dodd-Frank that would affect their business most. Rep. Spencer Bachus (R-Ala.) is in line to replace Frank as chair of the Housing Financial Services Committee after Tuesday's elections when the Republicans took back control of the House. Some analysts including predicted Frank would chair the CFPB. Write to Jon Prior.

Recent Articles by Jon Prior

Comments powered by Disqus