CFPB Rule Curbs Mortgage Brokers' Compensation
By Erica Teichert ( January 22, 2013, 6:00 PM EST) -- The U.S. Consumer Financial Protection Bureau issued new rules Sunday that could discourage mortgage lenders from issuing risky and high-cost loans by restricting incentive and compensation practices that encouraged brokers and loan officers to steer consumers toward the unsafe terms....
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