Tag Archives: Dodd Frank bill

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

October 2, 2012

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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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