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Home » Store » News » Most Small Entities Felt Rushed by CFPB’s SBREFA Process, Unsatisfied With Final Mortgage Rules

Most Small Entities Felt Rushed by CFPB’s SBREFA Process, Unsatisfied With Final Mortgage Rules

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Most of the participants in the review processes instituted by the Consumer Financial Protection Bureau prior to issuing four major mortgage-related rules felt rushed by the process and unsatisfied with the final results, according to a report from the Government Accountability Office. GAO reported on the experience of panel participants involved in analyzing the likely effects of the CFPB’s TILA/RESPA Integrated Disclosure rule (TRID), the mortgage servicing regulation, its loan ...
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