LAKE MARY, Fla.-The confirmation of Richard Cordray to director of the Consumer Financial Protection Bureau adds some certainty to the compliance picture ahead, including that the clock is ticking on a host of new mortgage compliance rules taking effect in January.

"This adds more clarity going forward," said Tammy Campbell, senior compliance officer for Harland Financial Solutions. "Cordray's confirmation assures the CFPB will remain in its current structure for the foreseeable future and rules will stay in place."

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