Finance
What is Oregon's 'Department of Consumer and Business Services' (DCBS) role in mortgage lending?
ADCBS licenses real estate brokers in Oregon
BDCBS regulates Oregon mortgage lenders and loan originators, issuing licenses, investigating complaints, and enforcing state lending laws✓ Correct
CDCBS manages Oregon's public housing programs
DDCBS sets Oregon property tax rates
Explanation
Oregon's Division of Financial Regulation (part of DCBS) regulates mortgage lenders, mortgage loan originators, and related financial services in Oregon. DCBS issues licenses for MLOs and mortgage companies, investigates consumer complaints about lending practices, and enforces Oregon's consumer lending laws including the Oregon Mortgage Lender Law.
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