Payday Pundit » New York Times regulation http://paydaypundit.org News and Information About The Payday Lending Industry Wed, 16 Jun 2010 19:04:18 +0000 http://wordpress.org/?v=2.9 en hourly 1 Surprise, surprise http://paydaypundit.org/2009/09/14/surprise-surprise/ http://paydaypundit.org/2009/09/14/surprise-surprise/#comments Mon, 14 Sep 2009 13:52:34 +0000 Payday Pundit http://paydaypundit.org/?p=5034 The New York Times comes out for the Consumer Financial Protection Agency in a lengthy editorial:

CONSUMER PROTECTION The financial crisis would have been less severe — or largely avoided — if regulators had curbed abusive and unsound lending back when bad mortgage loans first began to proliferate. But all too predictably, they failed to act.

As we’ve noted before, the House Committee markup of the CFPA is scheduled for Sept. 23.

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