Worried about the next step the Consumer Financial Protection Bureau is planning?
Fret no more, the CFPB released its strategic plan for 2013 to 2018.
This plan is not for haters of big fonts, bright colors and non-cluttered webpages. Yes, this is not the typical .pdf from a government agency.
I mean, for Pete’s sake, look at GOAL NUMBER ONE (blog continues below).
Furthermore, there are interesting tidbits throughout to keep one’s mind occupied.
Take this gem: “At over $1 trillion, the market for student loans is now the second largest component of household debt after mortgages.” That is one heaping pile of debt.
The CFPB however, does not give many specifics on regulatory plans for the given time frame. It does offer breakdowns in its strategic plan and indicates that mortgage regulation of non-banks will be high on their list of oversight (judging by the following graph):
