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CFPB Director Issues Letter to CUs on Mortgage Rules
Monday, January 6, 2014 6:40 AM

Richard Cordray, Consumer Financial Protection Bureau director, has issued a letter to credit unions regarding the new mortgage changes, along with links to examination procedures, and guidance on the ATR/QM rules. The letter is available on the Cornerstone Credit Union League’s website.

Click here to access the letter. Please note that you will need to enter your username and password to access the letter on the website.