The CFPB has issued its formal proposal to delay the effective date of the TILA-RESPA Integrated Disclosures (TRID) rule until Saturday, October 3, 2015.  The new effective date comes only a week after the CFPB announced it would delay the effective date until October 1, 2015 due to an administrative error that was made in the rules disclosure and review process. … Continue Reading

The CFPB has issued a final rule delaying the effective date of  the remittance transfer rule pending finalization of its December 2012 proposal to make changes in three areas.  The effective date had been set for February 7, 2013.  In addition to the substantive changes, the CFPB had proposed to delay the effective date until 90 days after the changes are finalized.… Continue Reading