CFPB Exam Procedures for New Mortgage Rules

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On June 4, the CFPB published an update to its exam procedures for the new mortgage regulations issued in January 2013 relating to appraisals, escrow accounts, and compensation and qualifications for loan originators. CFPB Release. Interim TILA Procedures. Interim ECOA Procedures.

Topics:  CFPB, Escrow Accounts, Mortgage Loan Originators, Mortgages

Published In: General Business Updates, Consumer Protection Updates, Finance & Banking Updates, Residential Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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