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Troutman Sanders LLP: The CFPB Goes After the Mortgage Industry: New Proposed Mortgage Loan Origination (MLO) Standards

By John C. Lynch , David N. Anthony , Paige S. Fitzgerald and Virginia Bell Flynn On March 9, 2012, the Consumer Financial Protection Bureau announced that it will propose residential mortgage loan origination (MLO) rules this summer, with a goal of adopting final rules by January 2013. According...