A judge in Texas recently granted a preliminary injunction to banking associations, temporarily blocking regulatory changes. The decision comes as the industry grapples with uncertainty surrounding potential shifts in compliance requirements and operational protocols.
Key points from the text include:
– A judge in Texas has sided with banking associations in their efforts to halt regulatory changes.
– The injunction temporarily suspends any potential alterations to compliance requirements and operational protocols in the mortgage industry, providing a momentary reprieve for industry stakeholders.
You can read this full article at: https://www.housingwire.com/articles/federal-agency-members-voice-support-for-new-cra-rules/(subscription required)
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