In a recent Housing Wire article, Megan Hopkins reported on the CFPB’s update of its exam procedures, and at the end of the article is a link to the new update for RESPA. Amazingly, the update for RESPA alone is an 82 page document!
Well, the October 2012 Version 2 of the CFPB Supervision and Examination Manual is a whopping 924 pages!
So far, a total of 1,341 pages!
While it’s not quite as long as War and Peace (1,440 pages) yet, it probably will be after a couple more updates.
Happy reading, compliance professionals!