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CFPB Rule assessment shows sizable implementation costs
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The TRID Journey
Thursday, October 8, 2020
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The Consumer Financial Protection Bureau recently released an assessment on the TILA-RESPA Integrated Disclosure Rule implementation and industry effects since its enactment in 2015. The assessment showed mixed results on its success.
The report addressed many topics, including initial implementation costs to companies and ongoing costs of maintaining rule compliance.
Read more for details.
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