From industry sources reporting to MHMSM.com and Housing Wire, as the Consumer Financial Protection Bureau (CFPB) opened for business July 21 with a budget estimated at $550 million, the debate in and out of Congress continues to rage over the authority one person will have over all mortgages and other consumer financial products. 44 Republican Senators have threatened to block confirmation of the incoming director, saying they want a commission to replace the director. Another issue is the CFPB will not be accountable to Congress for its funding because it is under the jurisdiction of the Federal Reserve. Some analysts say the mortgage industry did not police itself well enough, and brought on the housing industry crisis. As the centerpiece of the Dodd-Frank Act, the CFPB is designed to protect consumers. But CFPB opponents ask, will its regulatory functions weigh down business? Some in the manufactured housing industry say it could cost our industry 20,000 shipments and 20,000 jobs. MHMSM.com will keep you apprised of the path the CFPB takes.