Whether mortgage lenders should have counted Juneteenth this year as a business day or a federal holiday depends on when the relevant compliance period began for each borrower, the Consumer Financial Protection Bureau said last week.
As millions of Americans – many of them Black – celebrated the landmark arrival of a federal holiday marking Juneteenth Friday, many in the mortgage industry were scrambling.
Gov. Charlie Baker signs a proclamation declaring Juneteenth a state holiday.
The push to make Juneteenth a state holiday has backing from the House’s top Democrat.
Boston-based Santander US will close its offices and branches at noon on Friday to recognize Juneteenth, a national commemoration of the end of slavery in the United States.
