The Consumer Financial Protection Bureau has issued policy guidance on early compliance with the 2016 Mortgage Servicing Final Rule.
Originally issued in August 2016, changes from the rule go live either on Oct. 19, 2017, or April 19, 2018. Both dates are Thursdays.
But servicers have voiced operational challenges from a mid-week change and called on the bureau to move the change dates to the weekend.
Source: Mortgage Daily
