Finance
The Dodd-Frank Wall Street Reform Act created which consumer protection agency related to mortgage lending?
AFederal Housing Finance Agency (FHFA)
BConsumer Financial Protection Bureau (CFPB)✓ Correct
CSouth Dakota Division of Banking
DGovernment Accountability Office (GAO)
Explanation
The Dodd-Frank Act created the Consumer Financial Protection Bureau (CFPB), which now oversees mortgage lending regulations including TRID (TILA-RESPA Integrated Disclosures), QM rules, and RESPA enforcement.
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