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Navigating the Regulatory Maze
This chapter explores the evolving regulatory landscape affecting lenders, focusing on the challenges presented by the CFPB and the political climate. It emphasizes the need for stability and clarity in mortgage regulations, advocating for specific adjustments rather than complete overhauls of existing rules. Furthermore, the discussion highlights the pivotal roles of trade associations and key entities like Fannie Mae and Freddie Mac in shaping the future of mortgage lending amidst ongoing regulatory changes.