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CFPB's Proposed Rules to Require a Flat Fee for All LOs

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The Consumer Financial Protection Bureau (CFPB) has outlined rules that it is considering to simplify mortgage points and fees and bring greater transparency to the mortgage loan origination market. The CFPB expects to propose the rules this summer and finalize them by Jan. 21, 2013. The CFPB is considering proposals that would:Click to continue


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