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Bloomberg News
The CFPB is working to "address concerns" banks have about the rule "instead of just leaving it to them and saying, 'It's your problem now,'" Director Richard Cordray said.

Lenders Press CFPB to Delay Qualified Mortgage Reg's Start Date

Bankers and other lenders are all but begging for more time to implement the qualified mortgage and other pending CFPB regulations, arguing that the Jan. 10 deadline gives them insufficient time to prepare.

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