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Friday, December 13, 2013

CFPB Released Mortgage Rule Readiness Guide

CFPB released a Dodd-Frank Mortgage Rules Readiness Guide to help financial institutions come into and maintain compliance with the 2013 mortgage rule changes.

The updated guide incorporates changes made to Regulation Z, the implementing regulation for the Truth in Lending Act (TILA), and to Regulation X, the implementing regulation for the Real Estate Settlement Procedures Act (RESPA).

Read the guide.

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