Archive

TRID CORRECTION PUBLISHED BY CFPB

Can you believe that title?  The CFPB has actually published something for us in writing in the Federal Register that will clear up an item that has been a source of confusion since prior to the implementation of TRID. The publication in the Federal Register dated yesterday, February 10th, results in a correction to the Supplementary Information of the final rule to correct a typographical error.  Specifically, section 1026.19(e)(3)(iii) –  Variations Permitted for Certain Charges […]

Read More…

DEADLINE QUICKLY APPROACHING FOR KEY ISSUE OF MILITARY LENDING ACT

And yet another regulatory deadline is approaching in 2016…the final rule that amends existing Part 232 implementing the Military Lending Act has a mandatory compliance date of October 3, 2016.  I know you may be thinking, October is still a long way away; we will worry about that one later.  Not so fast Batman, another deadline relating to this regulatory change occurs this month, in fact only 5 calendar days from today – February 15, […]

Read More…