News


Loan Mods Not Working As Hoped

A good report from Alan Zibel at the Associated Press on progress -- or lack of it -- in the Obama loan modification program.  

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CFA's Travis Plunkett on Al Jazeera

Check out CFA's Legislative Director Travis Plunkett on Al Jazeera discussing consumer financial protection.

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Fed Regulation of Banks Fell Short, Washington Post Suggests

As the Senate considers Fed Chairman Ben Bernanke's renomination for another 4-year term, the Washington Post has published a thorough review of all the signals the Fed missed in the run up to the mortgage crisis.  Will a chastened Federal Reserve learn from its lessons, or does this sad history argue for a different regulatory overseer, and possibly a different Chairman?

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Schumer slams bank fees

As banks continue charging consumers high fees for ATM's and other credit uses, NY Sen Chuck Schumer (D-NY) calls them out.

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Fannie, Freddie Long Term Federal Wards?

The New York Times reported in a story on December 17, 2009 that Fannie, Freddie, GMAC and AIG may be settling in for a long stay under the U.S. Government's protection.  

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