However, industry experts believe that the adjustment period will likely be much shorter, perhaps only a couple of months once the new risk retention rules go into effect. (nreionline.com)
However, companies have an obligation to preserve records that may be reasonably seen as relevant to litigation or that fall under data retention rules set by industry regulators. (fortune.com)
Further, the group sees no legislative action on the horizon to change retention rules set to go into effect this summer. (realtormag.realtor.org)