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Thursday, May 16, 2013

CFPB Posts Video Guides to Mortgage Rules

The Consumer Financial Protection Bureau yesterday posted video presentations on the new mortgage rules it finalized in January. The videos, which include a one-hour overview video of all the rules as well as individual spots on each rule, are part of the bureau’s efforts to provide plain-language information that is accessible to a broad array of industry constituents, especially smaller businesses with limited legal and compliance staff.

The videos that would be of particular interest to banks in the business of insurance include: