The Consumer Financial Protection Bureau and the OCC have both recently released free resources to help bankers prepare for the TILA-RESPA integrated disclosures, now expected to become effective on Oct. 3. The CFPB released a recording of its latest hour-long webinar on TRID implementation challenges and questions. Meanwhile, via its BankNet site, the OCC provided a recording of its 80-minute briefing on TRID implementation. This recording is available only to OCC-supervised banks and thrifts.
CDFI Fund guarantees $498M in bond funding for projects in low-income communities
The CDFI Fund announced an agreement to issue three guarantees worth $498 million under the CDFI Bond Guarantee Program, the largest amount in the program's history.