NAR Submits Comment in Response to CFPB Request for Information

NAR recently submitted a letter in response to the Consumer Financial Protection Bureau’s Request for Information (RFI) regarding promoting access to mortgage credit. Through the RFI, the CFPB sought feedback regarding key regulatory changes that should be made to reduce regulatory burdens as the CFPB works to promote greater access to mortgage credit.  NAR submitted a letter encouraging the CFPB to assess the utility and benefits of making regulatory changes both for consumers and the industry. NAR will continue to keep you updated and informed regarding CFPB regulatory changes and updates.