Bloomberg News
"It is critical that we shed more light on the mortgage market — the largest consumer financial market in the world," said CFPB Director Richard Cordray

Lenders Fear CFPB Disclosure Plan Goes Too Far

Although the proposal to add more Home Mortgage Disclosure Act requirements was required by the Dodd-Frank Act, those in the lending industry said they were taken aback by the amount of additional information the CFPB is seeking, arguing it goes way beyond the regulatory reform law.

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