Introduction to Mortgage Servicing Examinations Training - March 2023

Internal Use Only

Regulatory / Oversight Entities

Internal Use Only

Regulatory / Oversight Entities

CFPB: In response to the financial crisis, Congress enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act, which established the Bureau of Consumer Financial Protection (CFPB) as a new regulatory entity. The CFPB inherited consumer financial protection laws and regulations from other federal agencies and also was granted authority to prohibit “unfair, deceptive or abusive acts or practices” (UDAAP) in connection with the offering of consumer financial products and services, including originating and servicing mortgages.