Who Regulates the Regulators? Case Mounts Against CFPB

[Corey Dutton]

Mortgage Professionals America magazine online has been following the discrimination charges recently raised against the Consumer Financial Protection Bureau (CFPB). In a recent article on MPAMag.com about the ongoing investigation of the CFPB that began in April of 2014, a former employee and whistleblower claimed that the CFPB has a culture of, “retaliation and intimidation that silences employees.” Critics of the CFPB claim that the CFPB has no accountability or oversight. But how will the regulation of the regulators actually shake out? Only time will tell.

(Source: MPAMag.com: http://www.mpamag.com/mortgage/two-more-cfpb-whistleblowers-to-be-subpoenaed-by-house-18622.aspx)

Posted by Corey Curwick Dutton