Yesterday afternoon, the Consumer Financial Protection Bureau (“Bureau”) finalized important amendments (the “Amendments”) to its ability-to-repay/qualified mortgage rule (the “Rule”) concerning the extent to which loan...more
5/31/2013 - Ability-to-Repay CFPB Creditors Loans Mortgage Brokers Mortgage Loan Originators Mortgages Qualified Mortgage Rule
On January 10, 2013, the Consumer Financial Protection Bureau issued its final rule on escrow account requirements for first-lien higher-priced mortgage loans. The rule amends existing escrow requirements and exemptions for...more
2/15/2013 - Ability-to-Repay Appraisal CFPB Condominiums Disclosure Requirements Dodd-Frank Escrow Holders First-Lien Higher-Priced Mortgage Loans HOEPA Loans Mortgage Escrow Account Prepayment Penalties PUDs Regulation Z RESPA TILA
After considering a proposed rule and comments for more than a year and a half, the Consumer Financial Protection Bureau (the “Bureau”) has issued its highly anticipated final “Ability-to-Repay” rule (the “Rule”) governing...more
1/24/2013 - Ability-to-Repay CFPB Foreclosure Higher-Priced Mortgage Loans Mortgages Qualified Mortgage Rule Regulation Z Safe Harbors TILA Underwriting
JD Supra gets your content noticed, increases your visibility and makes your marketing efforts hassle free...
Learn More or Schedule a demo
