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Presidential candidates critical of CFPB

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Mortgage Professional America | 06 Oct 2015, 06:30 AM Agree 0
A number of Republican hopefuls are criticizing the Bureau, with one even going so far as to call for its eradication
  • Fed up | | 06 Oct 2015, 12:24 PM Agree 0
    What you don't understand is how much the new TRID and all the other rules have cost the customer. TRID now makes them take a 45-60 day lock, which costs them a higher rate for having to lock longer. The amc rule has cost the customer hundreds because of the fact the middle man(amc) has to add their fee to every single appraisal. Let us not forget, the lenders now charge more for their fee because of the changes they have had to make to their software, which again gets past on to the borrower. CFPB and Dodd-Frank have hurt the customer in so many ways, but no one cares if the customers gets hurt with extra fees as long as we are protecting them.
  • jimmie | | 06 Oct 2015, 01:24 PM Agree 0
    So true.
  • Viva la Revolucion | | 06 Oct 2015, 01:37 PM Agree 0
  • time for change | | 06 Oct 2015, 02:59 PM Agree 0
    Fed Up, you're right on the money!
  • StiltskinRumpeled | | 06 Oct 2015, 08:26 PM Agree 0
    How much national wealth was destroyed by mindless real estate finance delivery systems?

    Normally hogs get slaughtered, but TRID is just a tiny pinprick on the ass of the lending profession.

    Deal with it, and hope the memory of the Average American Borrower isn't 20 years.

    Your precious capitalist free-market at all costs is under attack, and justifiably so.
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