2022 Power Broker Report    RISMedia   

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New Rules Mean New Worries for Some Mortgage Brokers

By Andrew King

The new year has brought a potentially scary new regulation for many mortgage brokers from the Consumer Financial Protection Bureau. The policy, which just took effect in January, has caught the eye of many in the industry because it puts into place some pretty tough – though confusing and debatable – standards that might impact their bottom line.

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