| Jun 4, 2012 12:46PM Headlines promulgating JP Morgan Chase's recent transgressions reveal capricious trading practices, resulting in record-breaking losses to the institution that has otherwise experienced recent recondite growth and profits. As a result, the financial services industry is in the hot seat once again , reigniting the question of effective banking regulatory oversight. Ultimately, regardless of your political persuasion or position on the regulatory environment, the underlying issue is defining... Jun 4, 2012 10:26AM I know that some folks only read the first paragraph of this daily blather, and then skip to the joke. That's why I am putting this in now: http://www.consumerfinance.gov/notice-and-comment/ . Don't say that you never commented on the plethora of things the CFPB is considering, especially QM - the borrower's ability to repay proposals. The CFPB delayed new rules to create standards for the mortgage-lending industry, and extended the public comment period above. Not to be confused with QRM, "Qualified...
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