TILA Amendments and the FRB Interim Rule

TILA amendments require the lender to disclose the “creditor” for your loan, within 30 days of a “sale.”  The Fed Reserve Board interim rule sheds some light on the definitions.  The National Consumer Law Center’s commentary sheds further light on the issues.  By the way, TILA always required the servicer to disclose the owner or master servicer upon request.  15 USC 1641(f).

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