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RESPRO Responds to CFPB's RFI to Assist Taskforce on Consumer Financial Law

Tuesday, May 26, 2020   (0 Comments)
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RESPRO® Submits Comments to CFPB's RFI to Assist Taskforce on Consumer Financial Law


The Real Estate Services Providers Council, Inc. (RESPRO®) submitted comments on the Request for Information to Assist the Taskforce on Consumer Financial Law. In the letter, we focused on specific issues relating to mortgage origination that affect consumer access and choice in these comments. The following issues include:


I. Discrimination and Denial of Choice in the Ability to Repay/Qualified Mortgage Rule (QM)


II. Bureau Should Give More Consumer Access to QMs


III. TILA/RESPA Integrated Disclosure (TRID)


CLICK HERE to view the letter.


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