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Trade groups join Congress to push CFPB for formalized TRID grace period 

Jun 10, 2015By

A large group of industry trade organizations is joining Congress to push the CFPB to adopt a formalized grace period for the enforcement of the complex TILA-RESPA Integrated Disclosure requirements that go into effect Aug. 1. The groups believe the CFPB’s announcement of an undefined TRID grace period was a good first step, but it’s not enough.

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