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LO Comp compliance squarely on regulators’ radar (Part 1)
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Banking, Consumer Protection, Corporate Governance, Dodd-Frank Basics
Friday, January 22, 2016
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It’s no surprise that three of the Consumer Financial Protection Bureau’s examination policies for 2016 will include its Ability-to-Repay (ATR) and Qualified Mortgage (QM) rules, market service agreements (MSAs) and the TILA-RESPA Integrated Disclosure (TRID) rules. But the LO Comp rule also made the list as a priority. What do you need to know to stay compliant? Read on to learn more.
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