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CMLA Testifies Before Congress

Published: July 31, 2011

Terry Jones, CML traveled to Washington DC recently to represent CMLA and Colorado's mortgage industry.  CMLA was invited to testiify before the Subcommittee on Investigations, Oversight and Regulations hearing entitled, "Open for Business: The Impact of the CFPB on Small Business."

The purpose of this hearing was to review the impact of regulations on small business access to capital. The hearing focused on the new Consumer Financial Protection Bureau created by the Dodd-Frank Wall Street Reform and Consumer Protection Act. Witnesses represented the Consumer Financial Protection Bureau, the financial services industry and small business.