1/5/16 10:24 AM

Good news for mortgage lenders from the CFPB

In a letter to the Mortgage Bankers Association the CFPB's director, Richard Cordray,  said administrative errors in key sections of the new disclosure rules,  would not likely create a scenario where a private investor could sue the lender, or where the lender would face regulatory matters with the CFPB or the federal agencies that buy loans.   Click on the link to read more:

Christmas Present from CFPB to Lenders

Topics: Regulatory and Compliance

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