CFPB Mortgage Overhaul Bans Lots of Shady Practices

While also protecting banks from lawsuits

By Kevin Spak,  Newser Staff

Posted Jan 10, 2013 7:26 AM CST

(Newser) – The newly-minted Consumer Financial Protection Bureau is circulating a series of new mortgage regulations that would ban some of the least savory tactics of the bubble era, the New York Times reports. Banks won't be able to offer deceptive teaser rates, or charge balloon...   Read full story »


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