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Regulatory Updates
Tuesday, June 23, 2015
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Well, isn’t that a surprised? After months of urging people to be ready on Aug. 1 because there will be no delay, coming out and saying that the bureau will be sensitive to progress made by entities that have made good-faith efforts to be compliant with the new rules, Consumer Financial Protection Bureau Director Richard Cordray announced a proposed delay in the implementation date for the TILA/RESPA Integrated Disclosure Rule (TRID). And we were all shocked.
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