MBA Letter to CFPB on Registry of Supervised Nonbanks that Use Form Contracts to Impose Terms and Conditions that Seek to Waive or Limit Consumer Legal Protections
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The Mortgage Bankers Association (MBA)1 writes to respond to the Consumer Financial Protection Bureau’s (CFPB or The Bureau) proposal requiring nonbanks subject to its supervisory authority to register and report their use of certain terms and conditions in form contracts for consumer financial products and services.
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