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Navigating the black hole: Attorneys weigh in on when you can re-baseline
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The Road through Oct. 3
Tuesday, November 24, 2015
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Don’t get lost in space! At the Mortgage Bankers Association’s annual convention and expo in San Diego, several attendees expressed concerns about the “black hole” – what happens when events cause closing delays under the TILA-RESPA Integrated Disclosure (TRID) rules – and asked representatives from the Consumer Financial Protection Bureau to issue more formal written guidance on the issue. Two former bureau attorneys spoke with Dodd Frank Update. Read on to hear what they had to say.
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