Bureau Releases Dodd-Frank Mortgage Rules Readiness Guide
July 15, 2013
The CFPB has released the first version of the 2013 Dodd-Frank Mortgage Rules Readiness Guide, which provides a set of criteria and preparation procedures for residential mortgage lenders and originators. The guides purposes are to help regulated entities comply with the mortgage rules, highlight key issue areas that may be closely examined during a review, and focus the industry and examiners on key elements of a compliance management system that may warrant review, modification, or other enhancement. The guide...