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 2013-10-23 article Rules and Regulations D09002ee1c7fae1c5 D09002ee1c7fae271 United States Bureau of Consumer Financial Protection originator org United States Government Agency or Subagency This rule amends provisions in Regulation Z and final rules issued by the Bureau of Consumer Financial Protection (Bureau) in 2013, which, among other things, required that consumers receive counseling before obtaining high-cost mortgages and that servicers provide periodic account statements and rate adjustment notices to mortgage borrowers, as well as engage in early intervention when borrowers become delinquent. The amendments clarify the specific disclosures that must be provided before counseling for high-cost mortgages can occur, and 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 rule also makes technical corrections to provisions of other rules. The Bureau requests public comment on these changes. 78 FR 62993 https://www.govinfo.gov/app/details/FR-2013-10-23/2013-24521 2013-24521 fr23oc13-7 RIN 3170-AA37 4810-AM-P Docket No. CFPB-2013-0031 https://www.govinfo.gov/app/details/FR-2013-10-23/2013-24521 https://www.govinfo.gov/content/pkg/FR-2013-10-23/html/2013-24521.htm https://www.govinfo.gov/content/pkg/FR-2013-10-23/pdf/2013-24521.pdf Condominiums Consumer Protection Housing Mortgage Servicing Mortgagees Mortgages Reporting and Recordkeeping Requirements Advertising Truth in Lending 15 p. 62993 63007 78 FR 62993 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 Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z); Federal Register Vol. 78, Issue RULE 2013-24521 BUREAU OF CONSUMER FINANCIAL PROTECTION 2014-01-10 2013-11-22 Docket No. CFPB-2013-0031 4810-AM-P 2013-24521 Interim final rule with request for public comment.

This rule amends provisions in Regulation Z and final rules issued by the Bureau of Consumer Financial Protection (Bureau) in 2013, which, among other things, required that consumers receive counseling before obtaining high-cost mortgages and that servicers provide periodic account statements and rate adjustment notices to mortgage borrowers, as well as engage in early intervention when borrowers become delinquent. The amendments clarify the specific disclosures that must be provided before counseling for high-cost mortgages can occur, and 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 rule also makes technical corrections to provisions of other rules. The Bureau requests public comment on these changes.

This interim final rule is effective January 10, 2014. Comments must be received on or before November 22, 2013. Joseph Devlin, Counsel; Laura Johnson, Nicholas Hluchyj, and Marta Tanenhaus, Senior Counsels; Office of Regulations, at (202) 435-7700. Condominiums Consumer Protection Housing Mortgage Servicing Mortgagees Mortgages Reporting and Recordkeeping Requirements Advertising Truth in Lending Mortgage Rules: Real Estate Settlement Procedures and Truth in Lending Acts , http://files.consumerfinance.gov/f/201310_cfpb_mortgage-servicing_bulletin.pdf http://www.consumerfinance.gov/newsroom/consumer-financial-protection-bureau-lays-out-implementation-plan-for-new-mortgage-rules/ http://www.consumerfinance.gov/regulatory-implementation http://www.hud.gov/offices/adm/hudclips/letters/mortgagee/2008ml.cfm http://www.makinghomeaffordable.gov/for-partners/understanding-guidelines/Documents/mhahandbook_43.pdf http://www.njb.uscourts.gov/sites/default/files/general-ordes/2009_07_27_generalOrderLoanModify2.pdf http://www.regulations.gov Vol. 78, no. 205 Office of the Federal Register, National Archives and Records Administration 2013-10-23 continuing daily deposited born digital 424 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2013-10-23 P0b002ee1864517cd 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr23oc13 https://www.govinfo.gov/app/details/FR-2013-10-23 https://www.govinfo.gov/content/pkg/FR-2013-10-23/pdf/FR-2013-10-23.pdf https://www.govinfo.gov/content/pkg/FR-2013-10-23/xml/FR-2013-10-23.xml fdlp 62955 63367 DGPO 2013-10-23 2024-06-03 FR-2013-10-23 machine generated eng FR FR-2013-10-23 78 205