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Is the CFPB Ready to Pounce on Mortgage Tech Vendors?

Is the CFPB Ready to Pounce on Mortgage Tech Vendors?

The head of the Consumer Financial Protection Bureau warned software vendors that they face new scrutiny from regulators for causing mortgage lenders to miss the TRID-compliance deadline. He was vague about how far the CFPB might go, but many in the industry are prone to fear the worst.

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