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4 Questions as CFPB Closes in on Revamp of Key Mortgage Rule

January 21, 2020

American Banker, Jan. 21, 2020–Kate Berry (subscription)
The Consumer Financial Protection Bureau’s willingness to extend a special regulatory exemption for Fannie Mae and Freddie Mac is welcome news for the mortgage market. But the agency is also signaling longer-term changes to its underwriting rule that will affect all mortgage lenders.
https://www.americanbanker.com/news/4-questions-as-cfpb-closes-in-on-revamp-of-key-mortgage-rule?brief=00000158-07c7-d3f4-a9f9-37df9bc10000

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