Compliance, Servicemember Products; The CFPB is Alive and Well

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Posted To: Pipeline Press

When I was a kid in California, as with my parents and their parents, and their parents, flowers and fruits had seasons. Roses bloomed in the spring. There weren’t any peaches from October through June. Apricots & cherries were eaten in May and June, pomegranates in October and November, watermelon in the summer. (In fact, for most of human history, fruit was only available in a seasonal window and ancient humans would have gorged on fruit when available, using the carbs to pack on pounds to survive through lean times, or learned to preserve them.) Seasons had an end. For various reasons not anymore. Lenders and investors wonder if the lawsuits and settlements from ten years ago will ever end. Morgan Stanley just settled with California AG's Mortgage-Backed Securities Probe for $150...(read more)

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