The Mortgage Bankers Association recently released a whitepaper, entitled “CFPB 2.0: Advancing Consumer Protection,” which examines the Consumer Financial Protection Bureau’s approach to enforcement and supervision, and offers recommendations for how the bureau could better fulfill its mission in moving forward.
The paper analyzes the bureau’s actions that have been out of step with what other regulatory bodies have done and that may not be in line with what is best for the financial industry, in the eyes of mortgage lenders.
Get an overview of some of the core concepts outlined in the whitepaper.
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