AllRegs Launches the CFPB Resource Center

Sept. 17, 2012 - PRLog -- Eagan, Minn. AllRegs now announces the free CFPB Resource Center for mortgage businesses. The CFPB Resource Center provides the questions and solutions that mortgage companies will need to research before starting their audit.

Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the Act) established the Consumer Financial Protection Bureau (CFPB) and authorizes it to supervise certain consumer financial services companies and large depository institutions and their affiliates for consumer protection purposes. The CFPB has been charged with the implementation of, examination for compliance with and enforcement of Federal consumer finance law. For most institutions, this process will include an audit.

The CFPB Resource Center provides timely, critical information that businesses will need to complete a successful audit. The Center includes:

- Mortgage Company Preparation Plan: Five steps to prepare, process and implement the latest guidelines into practice
- CFPB News: The most recent information of the newest guideline releases and updates
- CFPB Articles: In-depth analysis to help navigate through legal-speak and get to the practical advice needed for a clean audit

“As a company, AllRegs has a sound reputation of providing reliable information in a way that is easily accessible for our customers,” said Dan Thoms, executive vice president for AllRegs. “In the case of our CFPB Resource Center, we are able to provide in-depth but practical advice that will really make a difference for your audit. Plus, it is available to anyone, anytime and anywhere.”

As a leading provider of mortgage information and analysis, AllRegs not only provides any new guidelines put in place by the CFPB, but it also provides expert examination and breakdown. News articles and alerts are provided with the commentary businesses need to really know it all.

For more information about AllRegs CFPB Resource Center, visit http://www.allregsmortgage.com/cfpb-resource-center/ or call (800) 848-4904, Monday through Friday, between the hours of 8:00 a.m. and 6:00 p.m. CT.

About AllRegs
First introduced in 1989, AllRegs is used by virtually all of the top 100 lenders as well as throughout numerous governmental agencies, including Fannie Mae, Freddie Mac, the FHLBs, FHA, VA, RHS, Ginnie Mae and more. AllRegs is the exclusive electronic publisher of the Fannie Mae and Freddie Mac Single and Multi-Family Seller/Servicer Guides and The Federal Home Loan Banks’ MPF Program Guidelines. Products include single and multifamily underwriting & insuring guidelines as well as federal compliance laws and regulations, state compliance laws and regulations with plain-language analyses, contract publishing services and a library of historical guidelines. The educational division, AllRegs Academy, offers virtual and live training, as well as designation and practical guides. The Professional Services Group develops custom guides, policy manuals and other documents on a contract basis. For more information, call (800) 848-4904 or go to http://www.allregsmortgage.com.