Which of the following legislations created the Consumer Financial Protection Bureau CFPB )? Quizlet?
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HDEV56th EditionSpencer A. Rathus 380 solutions Information Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions Which of the following situations would be prohibited under UDAAPs Your client decides to back out of the mortgage at the closing table, prior to signing any final disclosures. Your client has expressed that they would prefer an ARM and you move forward with the MLO process. Your client has expressed that they would prefer to not have an ARM as they are uneasy about the changing rate and payment, however you convince your client that an ARM is the best option anyhow. Your client previously had a balloon mortgage and asks for another. Which of the following legislations created the Consumer Financial Protection Bureau CFPB )?In July 2010, Congress passed and President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act. The law – often referred to as the Dodd-Frank Act – created the Consumer Financial Protection Bureau (the CFPB).
What is the purpose of the Consumer Financial Protection Bureau CFPB quizlet?enforces laws that outlaw discrimination and other unfair treatment in consumer finance.
Which of the following acts created the Bureau of consumer financial Services?The CFPB was created under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).
What did the Dodd1376) (Dodd-Frank Act). Pursuant to the Act, the CFPB has rulemaking, supervisory, enforcement, and other authorities relating to consumer financial products and services.
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