Jul
17
2009
Wall Street fights Obama’s proposed financial agency
Posted by: in Mortgage Loan News, tags: Agency News, Cnn, Congress, Consumers, Contracts, Correspondent, Credit Card, Excerpt, Financial News, Jessica Yellin, Mortgage, Mortgages, News Sources, Obama, Street Fights, Student Loan, Tricks And Traps, Wall Street
News Sources wrote an interesting post today on
Here’s a quick excerpt
FromCNN Correspondent Jessica Yellin Congress is considering a new agency designed to give consumers more financial protection.WASHINGTON (CNN) — If you hold a credit card, mortgage or a student loan, Congress is considering a new agency designed to give you a lot more protection. Called the Consumer Financial Products Agency, it would set new rules to simplify contracts, eliminate fine print, and get rid of the tricks and traps that led so many people to unwittingly sign up for mortgages they c
Here’s a quick excerpt
FromCNN Correspondent Jessica Yellin Congress is considering a new agency designed to give consumers more financial protection.WASHINGTON (CNN) — If you hold a credit card, mortgage or a student loan, Congress is considering a new agency designed to give you a lot more protection. Called the Consumer Financial Products Agency, it would set new rules to simplify contracts, eliminate fine print, and get rid of the tricks and traps that led so many people to unwittingly sign up for mortgages they c
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