High Court makes it easier for president to remove CFPB head
WASHINGTON The Supreme Court is making it easier for the president to fire the head of the Consumer Financial Protection Bureau. The high court on Monday struck from the law that created the agency restrictions on when the president can remove the bureaus director. The agency may ... continue to operate, but its Director, in light of our decision, must be removable by the President at will," Chief Justice John Roberts wrote. The decision doesnt have a big impact on the current head of the agency. Kathy Kraninger, who was nominated to her current post by the president in 2018, had said she believed the president could fire her at any time.
Is mortgage forbearance an option? Here's what to know
A forbearance hits the pause button on mortgage payments. If you feel forbearance is your best option, you need to know which company services your loan and which company owns it. Forbearance allows homeowners to suspend mortgage payments for a designated period of time. In some cases, interest will continue to accrue on privately held loans while payments are reduced or suspended. People with privately held loans must work out the best available option with their servicer.