What is one of the main functions of the Consumer Financial Protection Bureau?

One of the main functions of the Consumer Financial Protection Bureau (CFPB) is to oversee mortgage lending transparency. The CFPB was established to ensure that consumers have access to clear and accurate information about financial products and services, including mortgages. This involves enforcing regulations that require lenders to provide straightforward disclosures about terms, fees, and risks associated with mortgage lending, thereby empowering consumers to make informed decisions.

By promoting transparency in mortgage lending, the CFPB aims to protect consumers from deceptive practices and ensure that they understand the true costs of borrowing. This focus on clarity and consumer protection is crucial in a market that can often be confusing and overwhelming for prospective homeowners. The other options presented do not fall within the CFPB's primary responsibilities, highlighting the distinct role the Bureau plays in enhancing financial consumer protection and education.