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CFPB Reportedly Funneled Billions Into “Secret Democrat Slush Fund”, Consultant Claims

A consultant who worked with the highly politicized Consumer Financial Protection Bureau (CFPB) claims the organization funneled a large portion of over $5 billion in collected penalties to "community organizers aligned with Democrats" as part of a giant slush fund, the Post reports.  [The CFPB] Funneled a large portion of the more than $5 billion in […]

In Growing War Over CFPB Leadership, Chief Counsel Says Trump Has Authority To Appoint Director

It’s been two days since former CFPB Director Richard Cordray resigned his post and named Deputy Director Leandra English as his successor, setting the agency up for what looks to be a brief but noisy legal dogfight. As was widely expected, English, who had formerly been Cordray’s chief of staff before he named her deputy […]

“Winter Is Here” For Housing – Whalen Warns “The Crowd Of Buyers Is Thinning”

Following this morning's plunge in new home sales…   After household formation collapsed in June… It appears Institutional Risk Analyst's Chris Whalen is spot on with his mortgage finance update: "Winter Is Here"… After several weeks on the road talking to mortgage professionals and business owners, below is an update on the world of housing […]