United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2013_register executive 2013-10-01 article Part II Rules and Regulations D09002ee1c7faefae D09002ee1c7faf0be United States Bureau of Consumer Financial Protection originator org United States Government Agency or Subagency This final rule amends some of the final mortgage rules issued by the Bureau of Consumer Financial Protection (Bureau) in January 2013. These amendments focus primarily on loss mitigation procedures under Regulation X's servicing provisions, amounts counted as loan originator compensation to retailers of manufactured homes and their employees for purposes of applying points and fees thresholds under the Home Ownership and Equity Protection Act and the Ability-to-Repay rules in Regulation Z, exemptions available to creditors that operate predominantly in "rural or underserved" areas for various purposes under the mortgage regulations, application of the loan originator compensation rules to bank tellers and similar staff, and the prohibition on creditor-financed credit insurance. The Bureau also is adjusting the effective dates for certain provisions of the loan originator compensation rules. In addition, the Bureau is adopting technical and wording changes for clarification purposes to Regulations B, X, and Z. 78 FR 60382 https://www.govinfo.gov/app/details/FR-2013-10-01/2013-22752 2013-22752 fr01oc13-17 RIN 3170-AA37 4810-AM-P Docket No. CFPB-2013-0018 https://www.govinfo.gov/app/details/FR-2013-10-01/2013-22752 https://www.govinfo.gov/content/pkg/FR-2013-10-01/html/2013-22752.htm https://www.govinfo.gov/content/pkg/FR-2013-10-01/pdf/2013-22752.pdf Aged Banks Banking Civil Rights Consumer Protection Credit Credit Unions Discrimination Fair Lending Marital Status Discrimination National Banks National Origin Discrimination Penalties Race Discrimination Religious Discrimination Reporting and Recordkeeping Requirements Savings Associations Sex Discrimination Condominiums Housing Mortgage Servicing Mortgages Reporting and Recordkeeping Advertising Truth in Lending 70 p. 60382 60451 78 FR 60382 Title 12 Part 1002 12 CFR Part 1002 Title 12 Part 1024 12 CFR Part 1024 Title 12 Part 1026 12 CFR Part 1026 RIN 3170-AA37 Amendments to the 2013 Mortgage Rules Under the Equal Credit Opportunity Act (Regulation B), Real Estate Settlement Procedures Act (Regulation X), and the Truth in Lending Act (Regulation Z); Federal Register Vol. 78, Issue RULE 2013-22752 II BUREAU OF CONSUMER FINANCIAL PROTECTION 2014-01-10 Docket No. CFPB-2013-0018 4810-AM-P 2013-22752 Final rule.

This final rule amends some of the final mortgage rules issued by the Bureau of Consumer Financial Protection (Bureau) in January 2013. These amendments focus primarily on loss mitigation procedures under Regulation X's servicing provisions, amounts counted as loan originator compensation to retailers of manufactured homes and their employees for purposes of applying points and fees thresholds under the Home Ownership and Equity Protection Act and the Ability-to-Repay rules in Regulation Z, exemptions available to creditors that operate predominantly in "rural or underserved" areas for various purposes under the mortgage regulations, application of the loan originator compensation rules to bank tellers and similar staff, and the prohibition on creditor-financed credit insurance. The Bureau also is adjusting the effective dates for certain provisions of the loan originator compensation rules. In addition, the Bureau is adopting technical and wording changes for clarification purposes to Regulations B, X, and Z.

This final rule is effective January 10, 2014, except for the amendments to Sec. Sec. 1026.35(b)(2)(iii), 1026.36(a), (b), and (j), and commentary to Sec. Sec. 1026.25(c)(2), 1026.35, and 1026.36(a), (b), (d), and (f) in Supp. I to part 1026, which are effective January 1, 2014, and the amendments to commentary to Sec. 1002.14(b)(3) in Supplement I to part 1002, which are effective January 18, 2014. Whitney Patross, Attorney; Richard Arculin, William Corbett, Michael Silver, and Daniel Brown, Counsels; Mark Morelli and Nicholas Hluchyj, Senior Counsels, and Paul Ceja, Senior Counsel and Special Advisor, Office of Regulations, at (202) 435-7700. Aged Banks Banking Civil Rights Consumer Protection Credit Credit Unions Discrimination Fair Lending Marital Status Discrimination National Banks National Origin Discrimination Penalties Race Discrimination Religious Discrimination Reporting and Recordkeeping Requirements Savings Associations Sex Discrimination Condominiums Housing Mortgage Servicing Mortgages Reporting and Recordkeeping Advertising Truth in Lending Mortgage Rules: Equal Credit Opportunity Act (Regulation B); Real Estate Settlement Procedures Act (Regulation X); and Truth in Lending Act (Regulation Z) , http://www.consumerfinance.gov/blog/clarification-of-the-2013-escrows-final-rule/ Vol. 78, no. 190 Office of the Federal Register, National Archives and Records Administration 2013-10-01 continuing daily deposited born digital 484 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2013-10-01 P0b002ee186331b5b 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr01oc13 https://www.govinfo.gov/app/details/FR-2013-10-01 https://www.govinfo.gov/content/pkg/FR-2013-10-01/pdf/FR-2013-10-01.pdf https://www.govinfo.gov/content/pkg/FR-2013-10-01/xml/FR-2013-10-01.xml fdlp 60177 60652 DGPO 2013-10-01 2024-06-03 FR-2013-10-01 machine generated eng FR FR-2013-10-01 78 190