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House committee passes TRID hold harmless, other CFPB changes
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Legislation, The Road to Oct. 3
Tuesday, August 4, 2015
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The House Financial Services Committee passed four bills that would amend the Consumer Financial Protection Bureau’s authorities under the TILA-RESPA Integrated Disclosure Rule, indirect auto finance, the qualified mortgage rule as well, as impose different examination requirements. Most notable among the passed provisions is a hold-harmless period for good-faith actors under TRID.
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