|Letter: Another layer of bureaucracy|
|News - St Augustine Area & St Johns County|
Editor: I read with interest the article in Saturday’s real estate news concerning the Consumer Financial Protection Bureau, which is a federal agency created under the Dodd-Frank Act. The new mortgage lending rules went into effect Jan. 10, 2014. The paragraph that really caught my attention was about Barry Zigas, the director of housing policy for the Consumer Federation of America. He applauded the CFPB for listening to stakeholders across the country to create a meaningful rule to protect consumers.
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