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Comments outside the scope of rulemaking, CFPB says
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The Road to Oct. 3
Friday, July 24, 2015
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Last week, the Consumer Financial Protection Bureau finalized its proposal to move the effective date of the TILA-RESPA Integrated Disclosure Rule to Oct. 3. The bureau did not include any grace period within the rule, saying requests for such enforcement measures were not directly related to the proposal’s request for information. There are two bills in the Congress, however, that may provide industry participants with a safe harbor.
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