How Will The CFPB’s New Mortgage Rules Impact Consumers?

By Robert Riedl, CPA, CFP, AWMA New Mortgage Rules Scheduled to Take Effect in January The Consumer Financial Protection Bureau (CFPB) has issued new mortgage rules that are scheduled to take effect on January 10, 2014. Background In 2008, the rise in home foreclosures was viewed by many as the result of sub-standard mortgage lending…