Here’s what the new mortgage rules mean for you
It's simple. Our new mortgage rules mean you will have more information and more protection when you're shopping for a loan and while you own your home. No...
Blog archive
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...
It’s closing time: Tell us about your experience closing on a mortgage
The stories and information you provide will be used to research and test solutions that address some of the biggest pain points associated with closing on...
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.
Explainer: What the multi-billion dollar Ocwen enforcement action means for you
We're taking action against Ocwen Financial Corporation for years of systemic misconduct that includes unfair shortcuts, unauthorized fees, deception...
Join us in making mortgage shopping easier
If you read our blog regularly, you've gotten the picture by now: We care a lot about making your experience with mortgages better. We just released rules...
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...
Live from Boston!
Today, we held a field hearing in Boston on Know Before You Owe: Mortgages. The live event has ended. A recording will be available here soon.
Explainer: How the final TILA-RESPA rule differs from the proposal
When we first proposed the TILA-RESPA disclosure rule, we got a lot of questions about the length of the document containing the rule. We synthesized those...
Update: Save the date, Boston!
Join us for a field hearing in Boston on Know Before You Owe: Mortgages. The hearing will take place on Wednesday, November 20 at 11 a.m. EST. Learn more...
Save the date, Boston!
Join us for a field hearing in Boston on Know Before You Owe: Mortgages. The hearing will take place on Wednesday, November 20 at 11 a.m. EST. More...
Our new mortgage visualization tool
Today, we're launching a set of web-based tools to provide consumers with easier access to public HMDA data. We're excited to see what you do, and encourage...
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...
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...
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...
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...
So, how do I submit a complaint?
This post is part of a series for National Consumer Protection Week We began taking credit card complaints in July 2011, and we now can help with complaints...
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...
Live from Atlanta, GA!
Today we're in Atlanta, GA for our second field hearing this month on mortgage policy. Watch here for remarks from CFPB Director, Richard Cordray, as well...
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