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Cordray appointment brings strong reaction, hope of certainty
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Regulatory Updates
Thursday, January 5, 2012
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President Obama’s Jan. 4 announcement that he was appointing Richard Cordray the first director of the Consumer Financial Protection Bureau while the Senate was in recess sent shock waves through the political community. However, it also brought a sense of certainty to some members of the real estate community, who now expect bureau initiatives, such as the combined mortgage disclosures, to move forward without delay. Read on for more of the reaction across the country.
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