On July 7, 2018 NAR sent a letter to the Honorable Mick Mulvaney, Acting Director Bureau of Consumer Financial Protection (the Bureau). The letter provides comments on the Bureau’s Financial Education Programs. As one of the primary functions of the Bureaut, conducting financial education programs is necessary to ensure consumers make responsible decisions about financial transactions. Buying a home is arguably the biggest personal and financial decision an individual will make in his or her life. Understanding the intricacies involved in such as transaction requires patience, fiscal responsibility, and most importantly, the guidance of a real estate professional.
NAR Letter to Acting BCFP Director Mick Mulvaney Regarding RFI on Inherited Financial Education
Issue Date: July 09, 2018
On July 7, 2018 NAR sent a letter to the Honorable Mick Mulvaney, Acting Director Bureau of Consumer Financial Protection (the Bureau). The letter provides comments on the Bureau’s Financial Education Programs. As one of the primary functions of the Bureaut, conducting financial education programs is necessary to ensure consumers make responsible decisions about financial transactions. Buying a home is arguably the biggest personal and financial decision an individual will make in his or her life. Understanding the intricacies involved in such as transaction requires patience, fiscal responsibility, and most importantly, the guidance of a real estate professional.
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