August 5, 2015 | Updated 11:50am

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Red Tape Whammy

Lenders Hammered With Spate Of New Mortgage Regs

CFPB Rules Seek To Lower Borrower Risk

Don’t blame lenders if they are feeling a little punch-drunk. Since the beginning of the year, the Consumer Financial Protection Bureau (CFPB) has been dealing out body blows like Sugar Ray Robinson working the heavy bag: Nine sweeping new final rules that implement different aspects of the Dodd Frank Act have been issued in just over three weeks, for a total of 3,081 closely printed pages of indelible lawyerese.

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