Mortgage Servicing Rules Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z)
The Bureau’s Mortgage Servicing Final Rules amend Regulations X and Z. The Mortgage Servicing Final Rules implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the Real Estate Settlement Procedures Act, and the Truth in Lending Act regarding mortgage loan servicing.
See the table listing all of the Bureau’s mortgage servicing proposed and final rules.
Final rules
Mortgage Servicing Rules Under the Real Estate Settlement Procedures Act (Regulation X)
Feb. 14, 2013
- The Bureau issued this final rule to amend Regulation X, which implements the Real Estate Settlement Procedures Act of 1974, and implements a commentary that sets forth an official interpretation to the regulation. This final rule implements provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act regarding mortgage loan servicing.
Mortgage Servicing Rules Under the Truth in Lending Act (Regulation Z)
Feb. 14, 2013
- The Bureau issued this final rule to amend Regulation Z, which implements the Truth in Lending Act and the official interpretation to the regulation, which interprets the requirements of Regulation Z. This final rule implements provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act regarding mortgage loan servicing.
Amendments; interpretations; corrections
- The Bureau issued this final rule to amend Regulation X to assist mortgage borrowers affected by the COVID-19 emergency. The final rule establishes temporary procedural safeguards to help ensure that borrowers have a meaningful opportunity to be reviewed for loss mitigation before the servicer can make the first notice or filing required for foreclosure on certain mortgages. In addition, the final rule temporarily permits mortgage servicers to offer certain loan modifications made available to borrowers experiencing a COVID-19-related hardship based on the evaluation of an incomplete application. The Bureau has also finalized certain temporary amendments to the early intervention and reasonable diligence obligations that Regulation X imposes on mortgage servicers.
- The Bureau issued this interim final rule to amend Regulation X. The amendments temporarily permit mortgage servicers to offer certain COVID-19-related loss mitigation options based on the evaluation of an incomplete loss mitigation application.
Mortgage Servicing Rules Under the Truth in Lending Act (Regulation Z)
March 8, 2018
- The Bureau issued this final rule amending certain aspects of the mortgage servicing rule issued in 2016 relating to periodic statements. These amendments revise the timing requirements for servicers transitioning between modified or unmodified periodic statements and coupon books when consumers enter or exit bankruptcy.
Mortgage Servicing Rules Under the Real Estate Settlement Procedures Act (Regulation X)
Oct. 16, 2017
- The Bureau issued this interim final rule to amend a provision of the Regulation X relating to the timing for mortgage servicers to provide modified written early intervention notices to borrowers who have invoked their cease communication rights under the Fair Debt Collection Practices Act.
- On Aug. 4, 2016, the Bureau issued a final rule amending certain mortgage servicing rules issued by the Bureau in 2013. This final rule makes several non-substantive corrections to the 2016 amendments. The corrections address two typographical errors, the authority citation for Regulation Z, and several amendatory instructions relating to certain official commentary to apply the correct effective date.
- This final rule clarifies, revises, or amends provisions regarding force-placed insurance notices, policies and procedures, early intervention, and loss mitigation requirements under Regulation X’s servicing provisions; and prompt crediting and periodic statement requirements under Regulation Z’s servicing provisions. This final rule also addresses proper compliance regarding certain servicing requirements when a person is a potential or confirmed successor in interest, is a debtor in bankruptcy, or sends a cease communication request under the Fair Debt Collection Practices Act.
- The Bureau issued this interpretive rule under the FDCPA to clarify the interaction of the FDCPA and specified mortgage servicing rules in Regulations X and Z.
Truth in Lending (Regulation Z)
July 29, 2016
- The Bureau issued this final rule to make a correction to Regulation Z by adding official interpretations of periodic statements for residential mortgage loans for consumers in bankruptcy.
Amendments to the 2013 Mortgage Rules Under the Truth in Lending Act (Regulation Z)
Nov. 3, 2014
- This final rule, among other things, provides an alternative small servicer definition for nonprofit entities that meet certain requirements.
Application of Regulation Z's Ability-To-Repay Rule to Certain Situations Involving Successors-in-Interest
July 17, 2014
- The Bureau issued this interpretive rule to clarify that the Ability-to-Repay Rule incorporates the existing definition of “assumption” under Regulation Z.
- This interim final rule, among other things, clarifies proper compliance regarding servicing requirements when a consumer is in bankruptcy or sends a cease communication request under the Fair Debt Collection Practices Act.
- The Bureau issued this final rule to, among other things, amend loss mitigation procedures under Regulation X's servicing provisions.
- The Bureau issued this final rule to clarify, correct, or amend certain provisions of the mortgage rules issued by the Bureau in January of 2013, including provisions on the relation to State law of Regulation X's servicing provisions; implementation dates for adjustable-rate mortgage servicing notices; the small servicer exemption from certain servicing rules; and other amendments to the mortgage rules.
- The Bureau issued this document to make a correction to the final rule notice titled “Amendments to the 2013 Mortgage Rules Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z),” which was published in the Federal Register on July 24, 2013.
Proposed rules
Regulation Z
- 82 FR 48463 – Oct. 4, 2017
- 79 FR 74175 – Dec. 15, 2014
- 79 FR 25730 – May 6, 2014
- 78 FR 39901 – July 2, 2013
- 78 FR 25638 – May 2, 2013
- 77 FR 57317 – Sept. 17, 2012
Regulation X
- 86 FR 18840 - April 9, 2021
- 79 FR 74175 – Dec. 15, 2014
- 78 FR 39901 – July 2, 2013
- 78 FR 25638 – May 2, 2013
- 77 FR 57199 – Sept. 17, 2012
Related documents
Submission for OMB Review; Comment Request
Dec. 14, 2011
The Bureau issued this notice and request for public comment to solicit comments on an information collection request submitted to the Office of Management and Budget (OMB).