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Industry associations seek passage of hold-harmless legislation
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Industry News, Regulatory Updates
Monday, June 15, 2015
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Nineteen real estate industry associations wrote a letter to the chairman and ranking member of the House Financial Services Committee seeking the passage of H.R. 2213, which provides for a hold-harmless period for enforcement of the TILA-RESPA Integrated Disclosures. This comes on the heels of Consumer Financial Protection Bureau Director Richard Cordray’s announcement that the bureau would be sensitive to those who make good-faith efforts to comply with the rule Aug. 1. Read on for more details.
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