1/30/2013

The Consumer Financial Protection Bureau's qualified-mortgage rules and other mortgage regulations "aren't some new terrible hurdle to have to surpass," but are simply good business rules to follow, said Raj Date, the No. 2 at the CFPB who is stepping down this week. More transparent industry practices and ensuring a level playing field in the marketplace are still the key "underpinning of everything we've done," he said.

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