RESPA issues took center stage during portions of Thursday’s House Financial Services Committee entitled, “Putting Consumers first? A semi-annual review of the Consumer Financial Protection Bureau.”
New CFPB Director Kathy Kraninger discussed post-PHH industry concerns with Rep. Brad Sherman (D-Calif.), Bill Huizenga (R-Mich.) and French Hill (R-Ark.).
Read on for highlights from the hearing, which addressed recent court rulings on RESPA, the TRID rule and title insurance, marketing services agreements (MSAs) and the Mortgage Choice Act.
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