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Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't think I am qualified to answer this question.

Oct 24, 2016 03:32 AM
Ambassador
5,366,352
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Unfortunately the G men will continue to abuse our rights in new asn creative ways.

Oct 24, 2016 04:44 AM
Rainmaker
5,571,411
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I'm with Gabe Sanders on this question....

Oct 24, 2016 04:40 AM
Rainmaker
889,095
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

This is what our government does. They do things wrong in such a way as to make how wrong it is confusing, and while it's all being sorted out they keep doing it wrong. F them. LOL
Is it any wonder that people are desperate for a complete removal of the old guard?

Oct 24, 2016 04:35 AM
Rainmaker
1,381,523
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm still confused about the ruling too.  I was hoping the entire thing was shot down, but I doubt we'd ever get that lucky.

Oct 24, 2016 04:12 AM
Rainmaker
819,197
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

The way I read it Fred, the debate only addresses the legitimacy of firing its head, not the body itself.

Oct 24, 2016 09:30 PM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Fred Griffin learning from other answers. Not the expert in this.

Oct 24, 2016 02:59 PM
Ambassador
3,722,438
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

It did not rule the CFPB unconstitutional.  There are many regulatory agencies in the federal government.  My recollection is that they didn't feel the DFPB had the supervision that most of these agencies are supposed to have from the Executive Branch.  

Oct 24, 2016 02:06 PM
Ambassador
1,616,354
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I think the law should be called back myself. Follow the money

Oct 24, 2016 01:31 PM
Rainmaker
2,707,268
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

It will be interesting to unravel the interpretation Fred Griffin even more interesting would be to unravel the CFPB.  Another act that should be repealed.

Oct 24, 2016 12:46 PM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I don't see this changing anytime soon regardless of the ruling. They have lots of money and can challenge it on higher levels.

Oct 24, 2016 12:06 PM
Rainmaker
1,157,485
FN LN
Toronto, ON

I am not a lawyer.  This seems like an excellent question for a constitutional lawyer in your country.  Perhaps your current president could answer this question since constitutional law was a specialty of his prior to becoming president.

Oct 24, 2016 11:30 AM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I have been out of the lop for a few days and have not been able to look this over closer.

Oct 24, 2016 10:47 AM
Ambassador
2,224,117
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

The CFPB needs to be changed. There is no one to oversee the CFPB, and it has too much power. Didn't one lending organization just win a major lawsuit involving the CFPB? The CFPB thought it was all powerful and kept raising the fine against this lender, and the group has gotten a kick in the pants over that. 

Oct 24, 2016 09:09 AM
Ambassador
2,069,957
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

I read where the court was concluded there was some overreach by the agency involved. 

Oct 24, 2016 07:45 AM
Rainmaker
1,027,385
Susan Haughton
Long and Foster REALTORS (703) 470-4545 - Alexandria, VA
Susan & Mindy Team...Honesty. Integrity. Results.

The way I read it was the structure was unconstitutional but unfortunately, we will still be saddled with the CFBP. 

Oct 24, 2016 06:29 AM
Rainmaker
1,717,254
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

How can it 'structurally' not be constitutional? That's my question - you have an unconstitutional corporation? business entity?

Oct 24, 2016 05:54 AM
Rainmaker
1,231,599
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

See Ken Jones answer.

Oct 24, 2016 05:37 AM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Just got an email update from the CFPB this morning so still in operation.

Oct 24, 2016 04:59 AM
Rainmaker
1,398,858
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

I would read it as the "structure"!

Remember it is not how to streamline government but how to make it bigger!

Oct 24, 2016 03:06 AM
Rainmaker
916,373
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

And we're surprised because?

Oct 24, 2016 02:39 AM