Editor’s Note -

Stuff didn’t happen this quarter. Lots of it. The federal government didn’t happen for two weeks in October, which caused some to celebrate and others to wring their hands and clamor for a strong, tell-it-like-it-is leader to emerge and restore sanity. But Toronto Mayor Rob (“Crack”) Ford was busy. The health care website created by the Affordable Care Act website also didn’t happen, and we learned that more people die from meteor strikes than were able to log on and sign up. Toronto Mayor Rob (“Whacked”) Ford was going to fix it, but he had other appointments. North Korea didn’t launch any missiles either, and the Hermit Nation is now thinking of forming a North Korean basketball team. Funny, Toronto Mayor Rob (“Smack”) Ford was spotted at a Toronto Raptors basketball game. Coincidence?

What did happen then? The Bureau was busy, apparently rested and energized by the shut-down. Subprime credit card credit has slowed since the CARD Act, the Bureau tells us, but that is just a coincidence. Disparate impact is big, and so are payroll advance and add-on products. HMDA, HAMP, HUD, and HOLA – the 4-H club – also made the news. All of this, and more, in these pages.

Until next time, have a wonderful holiday, watch for meteors, and don’t Ford in public.