Posted on 03/25/2014 6:44:52 AM PDT by george76
The liberal dictatorship of Richard Cordray at the Consumer Finance Protection Bureau (CFPB) came under fire this week when the head of the House Financial Services Committee (HFSC) called for the agency to open up its four advisory council meetings to the public and press.
“Instead of operating behind closed doors, it’s time for the CFPB to live up to its oft-stated commitment to transparency and openness
...
Wielding the power of the Dodd-Frank law, the CFPB has become an instrument for liberal tyranny focused against banks, mortgage companies, realtors, and other consumer credit professionals. The agency has been holding meetings in its offices in Washington with various consumer activists, but these meetings are closed to the public
...
The CFPB as an agency is out of control ... The damage done by Cordray and the CFPB to the US housing sector is massive, yet so far neither the US Chamber of Commerce nor any of the large banks have been willing to confront Cordray publicly.
As the head of one large bank told Washington & Wall Street last week: “Why isn't anybody talking about how Dodd-Frank and the CFPB are wrecking the housing recovery?” Why indeed.
(Excerpt) Read more at breitbart.com ...
If they can’t get into the meetings, what is the evidence that this body is hampering the ‘housing recovery’ and other claims made.
I’m not saying they are not or that we shouldn’t have transparency .. but how do they know?
THF?!!! Wells Fargo got caught in the past month publishing a manual of how to manufacture documents necessary to foreclose on residential property.
I’m going out on a limb here, but maybe the illegal activities of the banksters is the more likely cause of the ‘housing recovery’, especially in combination with the exodus of jobs for Americans thanks to the best Congress money can buy.
Thanks george76.
>>THF?!!! Wells Fargo got caught in the past month publishing a manual of how to manufacture documents necessary to foreclose on residential property.<<
Do you have a source for that?
This should start you on the trail of the WF manufactured docs manual - http://stopforeclosurefraud.com/2014/03/22/video-as-wells-fargo-is-accused-of-fabricating-foreclosure-papers-will-banks-keep-escaping-prosecution/
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