Finance
The Dodd-Frank Act created the Consumer Financial Protection Bureau (CFPB) to:
ASet real estate commission rates nationwide
BOversee and enforce consumer financial protection laws, including mortgage regulations✓ Correct
CManage the Federal Housing Administration
DRegulate real estate agent licensing
Explanation
The CFPB, created by Dodd-Frank, oversees consumer financial products including mortgages, enforcing laws like RESPA, TILA, and implementing the TRID (Know Before You Owe) mortgage disclosure rules.
Related Montana Finance Questions
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