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This effort will "support rule implementation and ensure the industry is ready to comply with the new borrower protections," the agency stated in a message to financial institutions.
Click here to view the CFPB's Regulatory Implementation Page.
The new page is "the central access point for our mortgage-related implementation materials," the agency said, including:
"Our goal with this page is to provide access to our mortgage-related implementation resources though a single web page that makes the rule content more accessible for a broad array of industry constituents, especially smaller businesses with limited legal and compliance staff," the bureau stated.
Although these implementation materials give an overview of the rules, they are not substitutes for the underlying rules.
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updated 08/24/15 10:09 AM
Plus: 'NCUA Report' Posted
As a reminder, “TIPS Bulletins” have transitioned to PolicyWorks and will continue as compliance bulletins on the PolicyWorks website.
POLICYWORKS COMPLIANCE BULLETINS
updated 08/18/15 08:39 AM
And, Integrated Disclosure Q&A Index
The latest PolicyWorks newsletter is now available, providing compliance bulletins, regulatory updates, educational opportunities, and helpful compliance tips. Click here to access the newsletter using your email address and California and Nevada Credit Union League members-only password. California and Nevada credit unions also have access to PolicyWorks compliance support at 844-731-6072 or California and Nevada credit unions also have access to PolicyWorks compliance support at 844-731-6072 or CANV@policyworksllc.com.