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Kraninger promises to look into simultaneous issue rate concern
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Regulatory Updates
Monday, January 21, 2019
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In response to a letter from senators urging her to address it, Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger promised to look into the issue of simultaneous issuance of title insurance. This has been a concern of the industry since the CFPB issued the TILA-RESPA Integrated Disclosure rule since it was implemented in October 2015. Read on for more details.
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