Senators Introduce Legislation Requiring CFPB to Conduct Small Business Panel on Mortgage Rule

Senators Introduce Legislation Requiring CFPB to Conduct Small Business Panel on Mortgage Rule

Washington, D.C. – September 20, 2012 – (RealEstateRama) — Idaho Senator Mike Crapo (R-ID), along with Senators Richard Shelby (R-AL), Bob Corker (R-TN) and Pat Toomey (R-PA), today introduced legislation, S. 3571, that requires the Consumer Financial Protection Bureau (CFPB) to conduct a small business panel on the Qualified Mortgage rule before it can go forward with a final rule.

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