Washington, D.C. (May 30, 2013) – CBA appreciates the CFPB’s work with the industry on these issues to ensure that consumers have access to credit. We believe the rule changes, particularly regarding mortgage loan originator (MLO) compensation in the points and fees test, are a step in the right direction. Our major concern remains the impact of the overall rule on consumers and the amount of time the industry has to implement it. The emergence of the final amendments almost half way through the implementation year coupled with eleventh hour changes, and the promise of still more...