The bill would make it easier for loan officers to continue working if they leave a bank to go to a nonbank or leave a state-licensed shop in one state to go to a new state.
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Gordon Albrecht, a senior director at specialty servicer FCI Lender Services, told IMFnews the new CFPB rules, in general, mean “more work and more servicing costs.”
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Whatever happened to the “niceness” pledge that Carson wanted everyone there to take? Certainly, if there’s a need for niceness at HUD, it might be now…
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