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 Trade groups urge safe harbor in ability-to-repay rule
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Regulatory Updates
Wednesday, May 02, 2012
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A group of 22 trade organizations, including the American Land Title Association and American Escrow Association, urged the Consumer Financial Protection Bureau to establish a safe harbor for lenders required to comply with the ability-to-repay rule it is required to write under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Read on for details from their letter.
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