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With Deadline Looming, CUs Put Finishing Touches on Updated Reg Z Compliance

SEP 25, 2009 12:48pm ET

WASHINGTON — With the Oct. 1 effective deadline quickly approaching, credit unions across the country are bracing for major changes to Regulation Z that lay down new rules for high-priced mortgages, create new escrow requirements and restrict advertising for both closed and open-ended home loans.

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