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Lenders Must Make ‘Good Faith’ Effort on Mortgage Disclosures: Regulators

Lenders Must Make ‘Good Faith’ Effort on Mortgage Disclosures: Regulators

Federal examiners will expect institutions to show that they made a "good faith" effort in preparing for the implementation of the new integrated mortgage disclosures that go into effect on Oct. 3, regulators said in letters sent to industry groups on Thursday.

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