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Volume 21 - Number 17

August 23, 2010

Fed Issues Proposed, Finalized TILA Rules

The Federal Reserve last week cleared its disclosure rulemaking agenda under the Truth in Lending Act and the Home Ownership and Equity Protection Act with the issuance of a final rule on loan originator compensation and new disclosure proposals. Applicable to closed-end mortgage loans, the new final rule substantially adopts...

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The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

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