HUD, Fed Still on Separate Disclosure Tracks Despite Fed’s Decision to Drop Broker Portion of TILA Rule
July 17, 2008
The Department of Housing and Urban Development and the Federal Reserve are nowhere near a joint consumer disclosure undertaking even after the Fed announced withdrawal of key disclosure provisions from revised Truth in Lending Act regulations it unveiled this week. There has been no indication that the two agencies are moving to coordinate efforts to harmonize disclosure rules under...