Finance
The CFPB (Consumer Financial Protection Bureau) regulates which Indiana mortgage-related activities?
AOnly FHA loans
BMortgage origination, servicing, and foreclosure practices for consumer financial products offered by most mortgage lenders✓ Correct
COnly state-chartered bank activities
DOnly USDA rural loans
Explanation
The CFPB has broad jurisdiction over consumer financial products and services, including mortgage origination (under TRID/RESPA/TILA), servicing, and related consumer protections for most mortgage lenders operating in Indiana.
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