Skip to main content

Thoughts on the CFPB

We in the real estate business have been hearing TONS about the Consumer Finance Protection Bureau (CFPB) lately. The biggest piece for us has been the changes in the required disclosure documents that will be launching "soon". Mainly, the required documentation has been cleaned up/made less confusing (and I think they've done a reasonably good job at that part). (More details in the video below.) However, I do have some concerns.

As a fan of federalism, I am not too keen on this organization being (relatively?) clear of Congressional oversight. I highly value the mission and role of the org, but also deeply value governmental transparency and accountability. I would like to see more of that with the CFPB, even considering the partisan and often grandstanding nature of Congress. But that's another issue.



Comments

Popular posts from this blog

Driving along in Kirkland , home of the modern yuppie, I’m passed by a new Mercedes. Lovely, silver, shiny, new, bling-bling; a part of me loaded with insecurity twinges while I purr along in my Toyota. Why? How come this is a metric of my self-esteem? Am I being unfair to myself, being upset by this train of thought and it’s influence? Consider, please, how much this viewpoint is drilled into us. Look at how often this imagery gets pushed into our faces, and how long that’s been going on. It shouldn’t surprise me, really, that I sometimes feel this way. Though my conscious values oppose this, the lingering thread of this programming has threads into the depths psyche.

Oh, A Meeting We Will Go

This post gives me pause. Meetings, the infernal overwrought obsession of our lives. It's not just corporate America, but the various groups and org's I've dallied with over the years suffer from meetopia, too. No one I know likes the blasted things, yet I don't know anyone offering up a successful resistance. Related to this, methinks, I have noted that I do a great deal over my workdays (check off a ridiculous number of to-dos) and accomplish little or nothing. The mass of tasks don't roll up to anything. And I've noticed a lingering sense of frustration lately. I spend precious little time reflecting on my goals, and how I can link them to what I do over the course of any given day. I'm so divorced from this, I really wonder what I really want to do, to accomplish any more. Within a recess of my brain comes a niggling thought. Perhaps this passion for meetings offers up a substitute for reflection. Knowing that we must account, personally, face-to-face f...