Tag Archives: Dodd Frank bill

Lenders require third party vetting of title agents and realtors per CFPB

October 2, 2012


In recent months, title insurance agencies across the country have received notification from several lenders explaining that, according to Bulletin 2012-03 issued April 13, 2012 by the Consumer Financial Protection Bureau (CFPB), they must be vetted through a third party risk management firm prior to wiring proceeds and obtaining clearance to close.  This vetting is […]

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