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CFPB Sets Stage for More Enforcement. But What’s the Script?
National Mortgage News, Apr. 13, 2021–Kate Berry (subscription)
The Consumer Financial Protection Bureau’s revocation of a Trump-era policy on abusive practices could mean higher fines and penalties for violators. But it still isn’t clear what makes a practice abusive.
https://www.nationalmortgagenews.com/news/higher-fines-more-uncertainty-with-cfpbs-switch-up-on-abusive-standard