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QM, TRID, SIFI among Senate reform plans
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Legislation, Volcker Rule
Tuesday, May 19, 2015
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Sen. Richard Shelby, R-Ala., released a draft version of the regulatory reform act that the Senate Banking Committee will begin markup work on Thursday. The bill addresses changes for qualified mortgage standards, enforcement of the TILA-RESPA Integrated Disclosures rule and systemically important financial institution designations. Read on to find out details of the proposal.
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