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CFPB promises sensitivity as industry ponders impact
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The Road to Oct. 3
Thursday, June 4, 2015
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After months of increasing pressure from industry groups and Congress, the Consumer Financial Protection Bureau made an announcement Wednesday about the Aug. 1 effective date for the TILA-RESPA Integrated Disclosure rules. Many in the industry voiced their concerns that this gesture was not enough, and contemplated the response of two other enforcement entities, the secondary market and the plaintiffs’ bar. Read on for more details.
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