CFPB drops nonbank registry rule, citing cost burden
The Consumer Financial Protection Bureau (CFPB) on Wednesday issued a final rule to immediately rescind the nonbank registry rule and a proposal to create a registry of nonbank contract terms and conditions. The decision was applauded by mortgage trade groups. The nonbank registry rule was published in the Federal Register in July 2024 and set […]
CFPB drops nonbank registry rule, citing cost burden Read More »