Tag Archives: equal credit opportunity act

CFPB New Rules

14 Feb

http://www.consumerfinance.gov/regulations/

The Consumer Financial Protection Bureau list of new mortgage rules can be read in full at the link above.  Some of these will be implemented by January 2014.

Final rules issued by the CFPB for 2013

January 22 Remittance Rule (Regulation E) Temporary Delay

January 20 Loan Originator Compensation Requirements under the Truth in Lending Act (Regulation Z)

January 18 Appraisals for Higher-Priced Mortgage Loans (issued jointly with other agencies) Disclosure and Delivery Requirements for Copies of Appraisals and Other Written Valuations Under the Equal Credit Opportunity Act (Regulation B)

January 17 Real Estate Settlement Procedures Act (Regulation X) and Truth in Lending Act (Regulation Z) Mortgage Servicing Final Rules

January 10 Ability to Repay and Qualified Mortgage Standards Under the Truth in Lending Act (Regulation Z) Escrow Requirements under the Truth in Lending Act (Regulation Z) High-Cost Mortgage and Homeownership Counseling Amendments to the Truth in Lending Act (Regulation Z) and Homeownership Counseling Amendments to the Real Estate Settlement Procedures Act (Regulation X)

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