The Final Rule allows for a 21 month implementation timeline. The industry efforts and comments clearly demonstrated the need for a lengthy time period to ensure proper implementation of the Final Rule as well as the Final Closing Disclosure Form. The new requirements go into effect August 1, 2015.
12/12/13 10:46 AM
CFPB's Final Rule Implementation timeline
Posted by
SoftPro on 12/12/13 10:46 AM
Topics: Regulatory and Compliance