The Rhode Island Department of Business Regulation (DBR) has once again extended the date prior to which they will take no enforcement action related to the use of disclosures under the Rhode Island Home Loan Protection Act (HLPA) and the emergency regulations promulgated thereunder issued on December 29, 2006. Initially, the emergency regulations delayed enforcement action related to the use of disclosures to February 1, 2007. This date was subsequently extended to March 1, 2007. In Banking Bulletin 2007-3, the DBR announced that no enforcement action related to the use of disclosures would be taken prior to April 1, 2007. Please note that the "no enforcement" action relates only to the use of disclosures; failure to comply with all other provisions of the HLPA remains subject to enforcement action. To view a prior Compliance Wizard article regarding the disclosures required under the HLPA, please click here.