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CFPB letter to Congress says title change unlikely
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Regulatory Updates
Wednesday, July 20, 2016
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In a letter responding to requests from several members of Congress to consider amending the calculation of title insurance as part of its notice of proposed rulemaking on the TILA-RESPA Integrated Disclosure Rule, Consumer Financial Protection Bureau Director Richard Cordray thanked them for their letter, but said it will likely not be looking to require major changes in implementation at this point. Read on for more details.
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