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Tuesday, July 21, 2015

CFPB Finalizes TILA-RESPA Extension

The CFPB issued a final rule moving the effective date of the TILA-RESPA Integrated Disclosure rule to Saturday, October 3, 2015. The effective day was moved to benefit both industry and consumers with a smoother transition to the new rule. A Saturday launch day is meant to facilitate implementation by giving industry time over the weekend to launch new systems configurations and to test systems.

Read the final rule.

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