Tuesday, 27 September 2022 | The Latest Buzz for the Appraisal Industry

CFPB Status Reports & eRegulation Tool; AMC, Subprime News

By Rob Chrisman

Posted To: Pipeline Press

I guess it is a “new” economy? Coca-Cola has announced plans to lay off about 1,800 employees globally, in an effort to cut costs by roughly US $3 billion. Department store chains J.C. Penney is shuttering 39 underperforming stores and laying off 2,250 workers, while Macy’s announced a restructuring that will shift workers from 830 Macy’s and Bloomingdale’s stores and close 14 Macy’s stores. The moves could cut up to 2,200 employees. It is unlikely these families will be refinancing or buying a house. Ah yes, I remember when the CFPB was just a small start-up; renting office spaces in old abandoned warehouses, and paying their employees in free vending machines and ping-pong tournaments. It is all grown up now, and the Bureau has issued its fourth annual report to Congress on its workforce…(read more)

Forward this article via email: Send a copy of this story to someone you know that may want to read it.

Via:: CFPB Status Reports & eRegulation Tool; AMC, Subprime News




Need Help?

Our knowledge base will help you and find the answers you're looking for.