
Risk Watch 63: Clarification & Guidance on the Homeownership Counseling Organizations Interpretive Rule
The CFPB has restated guidance on providing mortgage applicants with a list of homeownership counseling organizations. The Bureau has also added further guidance for mortgage lenders in this interpretive rule. What was added? AffirmX Analyst Henry Miles breaks down what the CFPB now expects from mortgage lenders. [7/10/15]