CFPB Clarifies Exemptions to Mortgage Rules

Witkowski, Rachel
April 2013
American Banker;4/17/2013, Vol. 178 Issue 59, p10
Trade Publication
The article mentions the U.S. Consumer Financial Protection Bureau's (CFPB's) April 12, 2013 blog posting about the agency's mortgage rules. The statement focused on clarifying exemptions for CFPB's mortgage rules related to escrow accounts, qualified mortgages, and borrowers' ability to repay a loan. It also stated how the terms "rural" and "underserved" counties will be defined.


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