Financial Regulation & Compliance
CFPB’s Section 1071 “Reconsideration” Creates a Two-Track Reality: Build Now, Design for Change
Section 1071 is now a two-track implementation: tiered compliance dates beginning July 1, 2026 remain the planning baseline while CFPB reopens core design inputs in a reconsideration NPRM—raising late-stage change and version-control risk.