Know B4 You Owe You may want to go back to the primary web page to see an interactive schedule.
We test Spanish language variations associated with the disclosures around the world.
We conducted qualitative customer evaluation on Spanish language variations regarding the proposed disclosures. We tested in three towns: Arlington, Va. (October 11-12); Phoenix, Az. (November 14-15); and Miami, Fla. (December 12-13).
23, 2013 – June 13, 2013 april
Validating our evaluation
The contractor who helped us throughout the testing process, we conducted a quantitative study of the new forms with 858 consumers in 20 locations across the country with the help of Kleimann Communication Group. The study showed that the new forms offer a statistically significant improvement over the existing forms by nearly every measure.
18, 2013 – July 26, 2013 june
Extra testing with modified disclosures
In reaction to reviews, we tested and developed various variations of this disclosures for refinance loans, which we tested for three rounds. (within our round that is last tested an adjustment both for acquisitions and refinances. ) We additionally did yet another round of Spanish language evaluating for the refinance variations. The modified disclosures tested well and they are the people contained in the last guideline.
20, 2013 november
A rule that is final
The CFPB problems one last Rule. […]