News & Analysis as of

Liens Consumer Financial Protection Bureau (CFPB) Loans

Orrick - Finance 20/20

CFPB Issues Final Rule on Higher-Priced Mortgage Loan Escrow Exemption

On January 19, the CFPB issued a final rule exempting certain insured depository institutions and insured credit unions from the requirement to establish escrow accounts for certain higher-priced mortgage loans (HPMLs). The...more

Orrick - Finance 20/20

CFPB Proposes New Category of Qualified Mortgages

On August 18, the Consumer Financial Protection Bureau (CFPB) issued a Notice of Proposed Rulemaking (NPRM) to create a new category of qualified mortgage (QM) loans exempt from Regulation Z’s ability-to-repay requirements....more

K&L Gates LLP

More Paper? CFPB Revamps Disclosure and Delivery Requirements for Valuations under ECOA

K&L Gates LLP on

Come January 2014, creditors will be required to equip borrowers with more information on how the value of the borrower’s home is determined, even if the creditor doesn’t use that information in making its lending decision....more

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