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On a conference call, White House Press Secretary Josh Earnest sidestepped whether President Obama supported a full ability-to-pay requirement.
iii would provide that evidence of whether a lender's determinations of ability to repay are reasonable may include the extent to which the lender's determinations subject to § 1041.
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In particular, the Bureau seeks comment on whether it would be practicable for lenders to initiate an electronic fund transfer or deposit a check within the proposed 24-hour timeframe.
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