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Home » Store » News » Fed’s New Subprime Rule Not in Sync with Omnibus Housing Bill

Fed’s New Subprime Rule Not in Sync with Omnibus Housing Bill

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The Federal Reserve’s new subprime rulemaking appears to be “not completely harmonious” with the Truth in Lending Act provisions in the omnibus housing bill, according to industry observers. Observers said the Fed could go back and tweak the final TILA and Home Ownership and Equity Protection Act regulations in order to conform...
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