The Trump administration’s stance on the Consumer Financial Protection Bureau (CFPB) has sparked controversy and concern within the mortgage industry. Despite the administration’s opposition, key advocates of the bureau are rallying to support and defend its mission.
– Trump administration signaling opposition to CFPB
– Industry advocates stepping up to defend the bureau
The CFPB has been a significant player in regulating the mortgage industry and protecting consumers from predatory practices. With potential changes on the horizon, the industry is closely monitoring developments and preparing for potential shifts in regulatory oversight. As the debate over the CFPB’s future continues, stakeholders are actively engaging in discussions and advocacy efforts to ensure the bureau’s continued effectiveness in safeguarding consumer rights.
You can read this full article at: https://www.housingwire.com/articles/cfpb-defenders-rohit-chopra-elizabeth-warren-donald-trump/(subscription required)
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