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Subprime Mortgage Crisis

Consumer Financial Proection Bureau

Enacting legislation to establish the CFPB was included in the Dodd-Frank Bill that was signed into law by President Obama on July 21, 2010. The legislation called for a 12-month time frame to set up the bureau, meaning that the Bureau will officially begin functioning in July 2011.


Consumer Financial Protection Bureau The CFPB, established by the Dodd-Frank Act, will begin functioning in July 2011.

International Monetary Fund There are several articles about the subprime crisis here and links to other helpful resources such as a historical timeline of the crisis.

New York Times (online): Times Topics: Mortgages and the Markets A collection of news stories, blog posts, and graphics about the mortgage crisis.

U.S. Dept. of Housing and Urban Development (HUD): Subprime Lending info page.

U.S. House of Representatives, Committee on Financial Services The House Financial Services Committee has jurisdiction over all issues pertaining to the economy, the banking system, housing, insurance, and securities and exchanges.

U.S. Senate Committee on Banking, Housing, & Urban Affairs News on the subprime issue, as well as hearings, and links to legislation and helpful sites.