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What if the CFPB rescinds its LO Comp, MSR rules?
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Banking, Consumer Protection, Industry Regulation
Tuesday, June 10, 2025
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The Consumer Financial Protection Bureau singled out rulemakings pertaining to its Loan Originator Compensation (LO Comp) rule and mortgage servicing rules for review by the Office of Management and Budget. The inclusion of the word “rescission” in the official title listed for the LO Comp rulemaking has raised questions among legal experts.
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