CFPB Issues 2023 LIBOR Transition Interim Rule
April 28, 2023
The CFPB issued the 2023 LIBOR Transition Interim Rule updating the CFPB’s 2021 LIBOR Transition Rule. The Interim rule makes changes consistent with the Adjustable
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CFPB Updates “What You Should Know About Home Equity Lines of Credit” Brochure
December 19, 2022
The CFPB updated the “What You Should Know About Home Equity Lines of Credit” brochure (HELOC Brochure). Per the CFPB, the HELOC Brochure was updated
CFPB Issues 2021 LIBOR Transition Rule
December 10, 2021
The CFPB issued the 2021 LIBOR Transition rule (Rule) amending the Truth in Lending Act (TILA) to address the sunset of LIBOR (which is expected
CFPB Amends Equal Credit Opportunity Act Regulations
September 27, 2017
The CFPB adopted rules amending provisions under the Equal Credit Opportunity Act (ECOA). The adopted rules: provide creditors additional flexibility in complying with ECOA in
CFPB Announces Truth-in-Lending Act Annual Threshold Adjustments
September 4, 2017
The CFPB announced its annual adjustments to the HOEPA and ATR/QM thresholds in the Truth-in-Lending Act (TILA). With respect to HOEPA loans, the adjusted total
CFPB Amends Home Mortgage Disclosure Act (HMDA) Regulations
August 30, 2017
The CFPB adopted regulations amending the Home Mortgage Disclosure Act (HMDA). The adopted rules make technical corrections to, and clarify requirements of, the HMDA final
CFPB Amends Disclosure Requirements under Truth-in-Lending Act
July 12, 2017
The CFPB adopted rules amending disclosure requirements under the Truth-in-Lending Act. The rule adoption: creates tolerances for the total of payments; extends coverage of the
CFPB Issues Guidance Relating to Early Compliance with the 2016 Mortgage Servicing Final Rule
July 7, 2017
The CFPB issued non-binding policy guidance with respect to early compliance with the 2016 Mortgage Servicing Final Rule (Final Rule). Certain provisions of the Final
CFPB Makes Technical, Non-Substantive Corrections to 2016 Mortgage Servicing Rule
July 7, 2017
The CFPB adopted a rule making technical, non-substantive corrections to the 2016 Mortgage Servicing Rule. Under the rule adoption, the CFPB corrected two typographical errors,
Fannie Mae Issues Servicing Guide Announcement SVC-2017-04
May 11, 2017
Fannie Mae issued Servicing Guide Announcement SVC-2017-04 (Announcement), setting forth updates to the Servicing Guide. As outlined in the Announcement, several updates to the Servicing
