Decision time: What you must know about the CFPB’s new mortgage rules

The Consumer Financial Protection Bureau released several important rules in January, and these rules will fundamentally change the mortgage industry when they go into effect early next year. What should smaller institutions be doing now to prepare for the regulatory onslaught? Read on to learn what advice John Redding, a partner with Buckley Sandler LLP, had for lenders at the recent Independent Community Bankers of America Convention and Techworld in Las Vegas.