Lender Shopping Minus the Headaches
Have some faith in the new Good Faith form, which is designed to make your lender shopping experience a little more transparent.
Read More...Archive for 'CFPB'
Cordray Is Coming — Look Busy!
Last month, the Obama administration wasted no time in 2012 when it appointed former Ohio Attorney General Richard Cordray as director of the new Consumer Financial Protection Bureau (CFPB). The appointment made big news, of course, because it had been without the approval of Congress, which had been stonewalling the Cordray nomination for months. Now [...]
Read More...Cordray in the Driver’s Seat
Wow, talk about hitting the road running! We’ve barely had a chance to recycle our old 2011 calendars and already there’s been big news out of Washington, D.C., with major potential implications for the financial services industry, as well as my own. In case you — oh, I don’t know — blinked or something, on [...]
Read More...Dances with Bulls – Home Ownership in the 21st Century
The Occupy movement is a good thing for one big reason: it’s driving conversation about what needs to be fixed, and conversation is something that can lead to new ideas, better solutions, and an awareness of the issues.
Read More...A True Daily Double When You’re in Jeopardy
I’m putting my money on Richard Cordray as the right man for the job. For many years, he has been working and making a difference right here in Ohio, and I’ve been a supporter of his since the beginning.
Read More...Round Two for the New CFPB Form
Katie McCartney, an independent real estate consultant in Central Ohio who has been a leading contributor with RE/MAX Affiliates, Inc, asked me to provide her readers with an update on the new CFPB form being developed. Read my complete rundown at katiemccartney.com.
Read More...Loan Terms in Plain English
In the last few years, Americans have without a doubt been shopping more — that is, comparing products and looking for the best buy. But judging by the dodgy mortgages many got before our last recession, a lot of consumers find loan terms as baffling as, say, English.
Read More...Love That New Form Smell!
A new disclosure is being introduced by the Consumer Financial Protection Bureau (CFPB), only this new form, rather than giving off that weird mimeographed mayonnaise scent, will smell more like victory for consumers.
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