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Reply #4


Response to MannyGoldstein (Original post)

Tue Jan 24, 2012, 12:37 AM

4. What

Our President wants to put the robo-signing mess behind us. Why is that so controversial? Have we become so hardened that we cannot find a little forgiveness in our hearts?

<...>

Tomorrow is a new day. Let's forgive and forget.

...if this turns out like the Social Security announcement in the last SOTU?

What if we're surprised? Remember the CFPB:

The CFPB had already rolled out a public education campaign, “Know Before You Owe,” to improve financial literacy on the consumer side as well before Cordray officially took office last week. But Obama’s recess appointment unleashed the watchdog’s full enforcement authority. Over the past few days, the CFPB also launched its first known investigation into a financial firm, probing kickbacks that were allegedly paid to PHH Corp., a private mortgage lender.

http://www.democraticunderground.com/1002163578

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