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Monday, December 9, 2013


Consumer Bureau Defends ‘Back to Basics’ Rules

Consumer Financial Protection Bureau regulations to rein in the mortgage market are simple to understand and easy to follow, said Director Richard Cordray at a Consumer Federation of America event on Thursday. Cordray promised that the bureau would be “vigilant“ in enforcing the “back to basics” regulations for mortgage lenders and servicers, according to prepared remarks.

From "Consumer Bureau Defends ‘Back to Basics’ Rules"
The Hill (12/05/13)

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