Although certain companies that are subject to RESPA are exempt from the CFPB’s Unfair, Deceptive or Abusive Acts or Practices enforcement and rulemaking authority, the bureau’s mindset of carrying out this vague provision of the Dodd-Frank Act could extend to areas outside of that authority, an attorney recently warned attendees of RESPRO’s Fall Seminar. Read on to make sure you are aware of and ahead of this potential threat.
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