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September 12, 2017

CFPB Eyeing the Equifax Mess, Forced Arbitration an Issue

By Thomas Ressler

“Equifax’s credit monitoring product contains a mandatory arbitration clause that denies people their right to join together to sue the company for wrongdoing,” the bureau spokesman said.

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With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

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