Consumer Protection Includes Renewed Focus On Fair Lending, Sustainable Homeownership
June 30, 2011
The fledgling Consumer Financial Protection Bureau sees its role as helping credit markets work better to enhance viable homeownership and level the playing field in credit availability, according to key officials participating in the Mortgage Lending Industry Strategic Markets & Diversity Conference sponsored last week by ComplianceTech. We realize now that building wealth and homeownership is a risky proposition and one that should not be taken lightly, said Patricia McCoy, assistant director of mortgage and home equity at the CFPB. Our job is to ...