Know Before You Owe: Proposed updates to TILA-RESPA final rule
Nearly a year ago, we issued the TILA-RESPA Integrated Disclosure Rule. Many of you know this work as Know Before You Owe and we've been talking about it...
Blog
Spring 2014 rulemaking agenda
Today, we're posting a semi-annual update of our rulemaking agenda in conjunction with a broader initiative led by OMB to publish a Unified Agenda of...
Live from Phoenix!
This event was a training for housing counselors, legal aid attorneys, and other advocates on the new mortgage servicing rules that take effect today. The...
It’s back to basics for the mortgage market in 2014
Starting January 10, lenders will be required to make a reasonable, good-faith determination that a borrower can afford to repay a mortgage. That's a...
Save the date, Phoenix!
This event will be a training for housing counselors, legal aid attorneys, and other advocates on the new mortgage servicing rule.
Fall 2013 rulemaking agenda
Today, we are posting a semi-annual update to our rulemaking agenda. This is in conjunction with a broader initiative led by OMB to publish a Unified Agenda...
Know Before You Owe: Just one example of our approach to policy-making
As the mortgage disclosure team said last week, we based Know Before You Owe on the idea that disclosure information is clearer when the people who will...
Know Before You Owe: preparing to finalize the new mortgage disclosure forms
Two and a half years ago, we began a line of work we call Know Before You Owe. The work that we did as part of that project helped lead us to the TILA-RESPA...
A final rule that makes mortgage disclosure better for consumers
Today, we're issuing the TILA-RESPA final rule. This rule improves the way consumers receive information about mortgage loans, both when they apply and when...
Making regulations easier to use
We write rules to protect consumers, but what actually protects consumers is people: advocates knowing what rights people have, government agencies'...
Updates to remittance transfer rule resources and a correction to the rule
We strive to make financial markets work for both consumers and the entities we regulate. Critical to that goal is making sure that businesses – both small...
Rulemaking agenda
Today, we are posting a semi-annual update of our rulemaking agenda in conjunction with a broader initiative led by OMB to publish a Unified Agenda of...
Final list of rural and underserved counties for use in 2014
Several of our rules have provisions related to mortgage loans made by creditors that during the preceding year operated predominantly in "rural" or...
Launch of new mortgage rule implementation page
Today, we are announcing our new Regulatory Implementation page which consolidates all of our new 2013 mortgage rules and related implementation materials...
Clarification of the 2013 Escrows Final Rule
Today, we issued a final rule clarifying and making technical amendments to the 2013 Escrows Final Rule issued by the Bureau this past January. This is the...
Final list of rural and underserved counties for use in 2013
Final 2013 list of rural or underserved counties View or download the list in any of these formats: CSV | XLS | PDF Note: The Bureau has posted the final...
Proposed delay in effective date for Regulation Z provision prohibiting financing of credit insurance
In January, we issued several new mortgage rules under the Dodd-Frank Act. Most of these rules take effect in January 2014, but a few provisions are...
Proposed clarifications of the Ability to Repay/QM and Mortgage Servicing Rules
The CFPB is carrying out a regulatory implementation initiative for our new mortgage rules to ensure that they are implemented accurately and effectively...
Gift cards: clarifying the laws in Maine and Tennessee
Many people view gift cards as an easy choice when shopping for loved ones. The gift card industry totals over $100 billion and today we made determinations...
Proposed clarification of the 2013 Escrows Final Rule
Today, we issued a proposed rule clarifying and making technical amendments to the 2013 Escrows Final Rule issued by the Bureau this past January. This is...
A small entity compliance guide for the Ability-to-Repay and Qualified Mortgage rule
Today, we published our Small Entity Compliance Guide for the Ability-to-Repay and Qualified Mortgage Rule. Our goal with this guide is to provide a...
Check the screen for ATM fees
Sometimes, you really just need some cash. Maybe you want to catch a bus, grab a cab, or get a bite to eat at your favorite restaurant that doesn't accept...
Exemption from escrow requirement for small creditors in rural or underserved counties
On June 1, 2013, the Bureau's Escrow Requirements under the Truth in Lending Act rule (Escrows Rule) will go into effect, which require certain creditors to...
Qualified mortgages explained
Recently, we released the Ability-to-Repay rule designed to protect consumers from irresponsible lending and begin to lay the framework for stability in the...
Temporarily delaying the implementation of our international remittance transfer rule
Updated on August 8, 2013: The remittance rule goes into effect October 28, 2013. Visit the remittance rule page for additional information regarding the...