CFPB Offering a “Sensitive” Approach to Integrated Disclosures

A June 3, 2015, blog post from the CFPB indicates they plan to be “sensitive” to those entities that have put Diane11forth a good faith effort to be in compliance with the Integrated Disclosure requirements.

Please note that this does not change the August 1st effective date in any way. Also, remember that while this may allow for some exam leniency, we do not feel it will offer any protection from civil liability.

Diane Dean

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