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Statement on supervisory practices regarding financial institutions and borrowers affected by Hurricane Sandy

The Consumer Financial Protection Bureau (CFPB) is issuing this statement to advise our supervised entities that the CFPB encourages them to work with borrowers and other consumers affected by Hurricane Sandy. Like the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, the CFPB will provide regulatory flexibility to entities working with borrowers affected by the hurricane.

Statement

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