CFPB Mission Statement Gets Revamped

Posted by Jenn Theone on January 17 2018

CFPB interim director, Mick Mulvaney, takes a symbolic yet concrete approach to his efforts in changing the agency. Newly inserted in the agency's mission statement is a clause on deregulation.

Keep in mind - the CFPB still doesn't have a permanent director.

"The Bureau of Consumer Financial Protection is a 21st century agency that helps consumer finance markets work by regularly identifying and addressing outdated, unnecessary, or unduly burdensome regulations, by making rules more effective, by consistently enforcing federal consumer financial law, and by empowering consumers to take more control over their economic lives."


Check out our other videos on YouTube.

We'd love to hear from you!  Please comment below or join the conversation on our Facebook page

Thanks for visiting us every Wednesday! If you have any topics you'd like to see us investigate and share, please leave us a comment below!

Oh, and don't forget to grab your 2017 NMLS Approved CE on our website.  All of our training is for Mortgage Professionals that need Continuing Education.  Everything we offer is NMLS Approved and useful for credit hours.

Tags: CFPB



Receive Updates by Email

Recent Posts