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CFPB seeks clarity in service provider bulletin
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Regulatory Updates
Monday, October 31, 2016
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Four years after releasing Bulletin 2012-03, creating an increased focus on lender liability and vendor management across the mortgage and settlement services industries, the Consumer Financial Protection Bureau has released a revised bulletin to clarify that risk management programs may vary depending on the services being performed. But what does it really mean? We asked three industry experts to tell us. Read on for their reactions.
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