CFPB's Compliance Approach Makes Regulatory Guidance Unreliable: MBA

July 06, 2018

National Mortgage News, July 5, 2018--Elina Tarkazikis (free article)
The Consumer Financial Protection Bureau's practice of "regulation by enforcement" and use of nonbinding guidance materials makes its regulatory efforts "unfair and ineffective" to lenders and servicers, claims the Mortgage Bankers Association.

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