The Consumer Financial Protection Bureau issued an interpretive rule to address certain time-sensitive borrower protections related to the treatment of June 19, 2021 as a business day or federal holiday.
August 06, 2021 / By ICBA
The Consumer Financial Protection Bureau issued an interpretive rule to address certain time-sensitive borrower protections related to the treatment of June 19, 2021 as a business day or federal holiday.
The guidance covers interpretive questions and compliance challenges with respect to rescission of closed-end mortgages and certain time-sensitive mortgage disclosures. Read the interpretive rule.
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