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RESPA-TILA implementation: What are you waiting for?
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Dire warnings to prepare for implementation of the CFPB’s integrated RESPA-TILA disclosures are largely being ignored, according to Howard Lax, a member of Michigan-based Bodman PLC. In this article, Lax presents a sampling of issues that creditors need to address with their loan officers and other staff, as well as mortgage brokers and loan correspondents.
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