The Bureau is proposing to wait the August 19, 2019 conformity date for the Mandatory Underwriting Provisions of the 2017 Final Rule—specifically, §§ 1041.4 through 1041.6, 1041.10, 1041.11, and 1041.12(b)(1)(i) through (iii) and (b)(2) and (3)—to November 19, 2020. After considering opinions received on this proposition, the Bureau promises to publish one last guideline with regards to the delayed conformity date for the Mandatory Underwriting Provisions regarding the 2017 Final Rule, if warranted. Any final rule to postpone the Rule’s conformity date for the required Underwriting Provisions will be published and start to become effective prior to August 19, 2019. Continue reading “VI. Compliance and Effective Dates”