July 25, 2014
Financial Literacy Rehash
The Consumer Financial Protection Bureau released its second Financial Literacy Annual Report. In blogging about last year’s report, I noted that the CFPB assumed that financial education worked more than research had shown it to work. Unfortunately, this report seems … Continue reading
July 25, 2014 in CFPB | Permalink | No Comments
June 13, 2014
S&P: Future of Private-Label RMBS Uncertain
S&P has posted an Executive Comment, Lifted By Improving Economic Conditions, The U.S. Leads The Global Securitization Rebound–But Headwinds Remain. It concludes, After surviving its first severe test, the market for securitization is slowly emerging from a sharp downturn, demonstrating … Continue reading
June 13, 2014 in CFPB | Permalink | No Comments
May 14, 2014
Watt’s up with Fannie and Freddie
There has been a lot of press coverage of FHFA Director Watt’s first public speech since taking on his job. Watt emphasized that we must ensure that Fannie Mae and Freddie Mac operate in a safe and sound manner. It … Continue reading
May 14, 2014 in CFPB | Permalink | No Comments
May 13, 2014
Reiss on High Loan Fees
CRM Buyer quoted me in On-Premises Banks Stick It to Walmart Customers. It opens, Walmart customers who use the banking services provided inside the chain’s stores are among the highest payers of fees — especially overdraft fees — in the … Continue reading
May 13, 2014 in CFPB | Permalink | No Comments
April 16, 2014
Can You Help Someone Become Financially Capable?
Researchers at the World Bank have posted Can You Help Someone Become Financially Capable? A Meta-Analysis of the Literature.The abstract reads, This paper presents a systematic and comprehensive meta-analysis of the literature on financial education interventions. The analysis focuses on financial … Continue reading
April 16, 2014 in CFPB | Permalink | No Comments
April 8, 2014
Reiss on New Residential Real Estate Exchange
NationSwell quoted me in Can’t Afford a Down Payment? Let Investors Help You Buy Your Home. It reads in part, Enter PRIMARQ, the world’s first residential real-estate equity exchange — a soon-to-launch venture of San Francisco entrepreneur Steve Cinelli. Can’t … Continue reading
April 8, 2014 in CFPB | Permalink | No Comments
March 27, 2014
Paternalism or Consumer Protection?
Adam Smith (not that one) and Todd Zywicki have posted Behavior, Paternalism, and Policy: Evaluating Consumer Financial Protection to SSRN. It opens, The Consumer Financial Protection Bureau (CFPB) is one of the most powerful and least accountable regulatory agencies in … Continue reading
March 27, 2014 in CFPB | Permalink | No Comments
