The CFPB as Regulatory Surgeon

According to what nationalmortgagenews tells MHProNews, Comptroller of the Currency Thomas Curry says the Consumer Financial Protection Bureau (CFPB) is the “specialist examiner” while the other three regulatory agencies are “general practitioners.” Speaking to consumer compliance examiners, he stresses the importance of regulators working together on Dodd-Frank because “Some of the divisions of responsibility in Dodd-Frank are less easy to understand and may require even greater care in communication and coordination.”

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