CFPB Regulations – Play by the same rules: Industry Leader Update

UPDATE: Here’s a link to another article on NMLS licensing & the SAFE Act by Richard Booth.

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Consumer Financial Protection Bureau Regulations

Consumer Financial Protection Bureau Regulations

Shouldn’t we all play by the same rules?

The Consumer Financial Protection Bureau (CFPB) says all mortgage originators should play by the same rules…even chartered banks. Why does it matter? What are the two different standards that exist today?

Watch this week’s video and post your opinion.