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FRB:A Consumer’s Guide to Mortgage Lock-Ins – On July 21, 2011, rulewriting authority for consumer protection laws related to mortgages, credit cards, bank accounts and other consumer financial products transferred from the Federal Reserve Board to the Consumer Financial Protection Bureau (CFPB).
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The power of having a mortgage pre-approval when shopping for a home – Buying a home is one of life’s biggest commitments. The confidence that comes with being pre-approved for a mortgage allows prospective buyers to concentrate on finding the perfect home, instead.
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