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CFPB Rules Place Drag on Mortgage Lending Nationwide 

Aug 05, 2014By

Recent regulation enacted by the Consumer Financial Protection Bureau (CFPB) has reduced approval rates on applications for some types of loans and mortgages, according to the Federal Reserve Board’s latest opinion survey on bank lending practices.  While a small fraction of large banks indicated in the survey that the Ability-to-Repay and Qualified Mortgage Standards under […]