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» OTS Trims Federal Preemption of State Laws on Prepay Fees and Late Charges
OTS Trims Federal Preemption of State Laws on Prepay Fees and Late Charges
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The Office of Thrift Supervision has decided to stick with its controversial plan to scale back the federal preemption of various mortgage-borrower protection laws, and reiterated its call for Congress to revisit the so-called Parity Act.