In a recent appearance before the National Association of Realtors’ Legislative Conference, Mick Mulvaney took time to address RESPA compliance and his stance on shutting down the Consumer Financial Protection Bureau.
The acting director also responded to a question about qualified mortgages which has left the industry scratching its head since. Was Mulvaney separating fintech marketplace lending from traditional mortgage lending, or was he drawing a line between depository mortgage and non-depository mortgages?
Read on for more details and insight from Mulvaney’s appearance.
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