An Associated Press article tries to put a human face on the foreclosure crisis facing thousands of homeowners, but makes the mistake of characterizing subprime lending as a “new” industry.
Giving the subprime problem a human face
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CFPB funding is constitutional, Second Circuit court rules HW+
The Second Circuit Court of Appeals decided the CFPB’s funding structure is constitutional; the Supreme Court will rule on a related case in 2024.
