Consumer Financial Protection Bureau Advisor Meets with Realtor® Leadership

The Beverly Citizen recently reported that Professor Elizabeth Warren, an advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau (CFPB), recently joined Congressman John Tierney at the Salem State Enterprise Center to conduct a conversation with local community bankers, mortgage professionals, and Realtor® leaders.

The discussion covered the mission of the CFPB and how it will affect the local real estate and financial sectors in its efforts to protect consumers via reforms to the mortgage process. The CFPB’s goal is to protect Americans who are in the market for consumer financial products or services.

“Professor Warren continues to listen to consumers, bankers, realtors and other industry representatives to ensure that financial reform is as transparent and effective as possible,” said congressman Tierney. “It is imperative that community bankers and local realtors who understand the needs of our community are not trampled by the big banks that oppose the new consumer protection bureau.”

Read the entire Beverly Citizen article.