10/13/14 10:26 AM

CFPB Releases Readiness Guide

The Consumer Financial Protection Bureau has released an updated rules Readiness Guide that includes the TILA-RESPA Integrated Disclosure.

"This update offers financial institutions and other industry participants valuable guidance on how to evaluate their readiness for complying with the mortgage rule changes," the bureau said in a press release.

The updated guide addresses changes made to Regulation Z and Regualtion X,  which cover the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA).

Click here to view the guide: Readiness Guide here.




Topics: Regulatory and Compliance

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