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Ability-to-Repay Small Entity Compliance Guide

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CFPB issues small entity compliance guide for payday loan rule payment provisions

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The CFPB has issued a new small entity compliance guide: “Payday, Vehicle Title and High-Cost Installment Lending Rule: Payment-Related Provisions.”...more

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CFPB issues another update to the Small Entity Compliance Guide for ATR/QM

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The CPFB recently issued another update to the Small Entity Compliance Guide for the Ability-to-Repay and Qualified Mortgage Rule, to reflect changes from the October 2013 Final Rule. The updated guide clarifies several...more

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CFPB updates Small Entity Compliance Guide for ATR/QM Rule

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On August 14th, the CFPB released an update to the Small Entity Compliance Guide for the Ability-to-Repay and Qualified Mortgage Rule, incorporating the changes made in the June 2013 Concurrent Final Rule and July 2013 Final...more

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CFPB issues more small entity compliance guides for mortgage-related rules

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The CFPB has issued several more Small Entity Compliance Guides on its mortgage-related rules. In addition to its guide on the ability-to-repay and qualified mortgage rule, the CFPB has now issued Small Entity Compliance...more

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CFPB Issues Small Entity Compliance Guide

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The Consumer Financial Protection Bureau has issued a 45-page Small Entity Compliance Guide for the Ability-to-Repay (ATR) and Qualified Mortgage Rule. The guide, published on April 10, 2013, indicates that its purpose is to...more

Orrick - Finance 20/20

CFPB Small Entity QM Compliance Guide

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On April 10, the CFPB published a small entity compliance guide for the Ability-to-Repay and Qualified Mortgage rule, as well as a comparison chart which compares the general Ability-to-Repay requirements with the...more

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