Groups Warn of Overlaps if FTC Proposes Mortgage UDAP Rules
August 3, 2009
Mortgage industry groups urged the Federal Trade Commission to abandon its plan to propose rules reining in certain mortgage practices deemed to be unfair and deceptive, arguing it would only overlap with certain current regulatory consumer protection efforts and confuse consumers. The industry...
It will be the 11th issuance of its type by loanDepot.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.