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Furthermore, consistent with the Small Business Review Panel recommendation, the Bureau seeks comment on ways to streamline information in the proposed notice and on methods of delivering the notice in a way that would reduce the burden on small lenders.
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Section 1031(c) of the Dodd-Frank Act sets forth the standard for “unfair” acts or practices; section 1031(d) of the Dodd-Frank Act sets forth the standard for “abusive” acts or practices.
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