The new impending rules for the Consumer Financial Protection Bureau are sending the mortgage industry into overdrive to ensure the guidelines will be correctly enforced.
According to an article from Reuters, nearly nine in 10 financial services executives are struggling to recruit staff with the right skills as regulatory changes boost demand for experts in areas such as compliance and accounting.
As the rules come into force, banks are increasing staff in areas such as compliance and risk or finance and accounting, said Neil Owen at U.S.-based recruitment firm Robert Half.