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Home » Store » Taxable » NY Regulators Consider Measure Mandating Loan Fraud Reporting

NY Regulators Consider Measure Mandating Loan Fraud Reporting

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The New York Banking Department is considering comments on a regulatory proposal that would force mortgage brokers and lenders to report mortgage fraud or larceny soon after its discovery. If approved, the proposed Part 414 would be added to the NYBD’s existing body of consumer protection regulations. …
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