Finance
The CFPB (Consumer Financial Protection Bureau) was created to:
ARegulate real estate broker commissions
BProtect consumers in the financial marketplace, including overseeing mortgage lending, credit reporting, and debt collection practices✓ Correct
CProvide government mortgage insurance
DRegulate the secondary mortgage market
Explanation
The CFPB (created by the Dodd-Frank Act in 2010) protects consumers in financial markets by regulating mortgage lending, credit cards, student loans, debt collection, and credit reporting — enforcing laws like TILA, RESPA, and ECOA.
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