Do you know about - Rep. Slaughter Stands for Consumers and American Families
Today Mortgage Rates ! Again, for I know. Ready to share new things that are useful. You and your friends. What I said. It isn't outcome that the true about Today Mortgage Rates . You look at this article for info on what you want to know is Today Mortgage Rates .How is Rep. Slaughter Stands for Consumers and American Families
Rep. Slaughter Stands for Consumers and American Families Video Clips. Duration : 3.67 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Today Mortgage Rates . Rep. Slaughter today spoke against attempts to dilute the power of the Consumer Financial Protection Bureau, saying the proposed bill would undermine the mission of the agency- to protect consumers and American families against financial products they can't understand and can't afford. Text of the speech is below: M/ Speaker, The Consumer Financial Protection Bureau is a reflection of our nation's values. It embodies the ideals of fairness, accountability and equality — values that help to define who we are as a people. Just as importantly, the CFPB brings accountability and transparency to the financial sector and reduces the risk that consumers will be sold financial products they don't understand and can't afford to buy. The CFPB is already hard at work. The agency has started by proposing a simplified disclosure of mortgages so that consumers can read, in plain language, the terms of an agreement before signing on the dotted line. Despite this valuable start, today's bill is designed to effectively neuter the agency before it can fully begin to serve the middle class. In so doing, this bill is a giveaway to the special interests in the financial sector that fear they will finally be held accountable to the law. Apparently unchastened by the economic crisis they plunged us into, financial firms continue to take advantage of unknowing consumers. Just this past year, a "robo-signing" scandal led to banks foreclosing on many families who had done nothing wrong. It is ...
No comments:
Post a Comment