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 2014_register executive 2014-11-01 article Part II Rules and Regulations D09002ee1c7f84994 D09002ee1c7f84a72 United States Bureau of Consumer Financial Protection originator org United States Government Agency or Subagency The Bureau of Consumer Financial Protection (Bureau) is amending certain mortgage rules issued in 2013. The final rule provides an alternative small servicer definition for nonprofit entities that meet certain requirements and amends the existing exemption from the ability-to-repay rule for nonprofit entities that meet certain requirements. The final rule also provides a cure mechanism for the points and fees limit that applies to qualified mortgages. 79 FR 65300 https://www.govinfo.gov/app/details/FR-2014-11-03/2014-25503 2014-25503 fr03no14-7 RIN 3170-AA43 4810-AM-P Docket No. CFPB-2014-0009 https://www.govinfo.gov/app/details/FR-2014-11-03/2014-25503 https://www.govinfo.gov/content/pkg/FR-2014-11-03/html/2014-25503.htm https://www.govinfo.gov/content/pkg/FR-2014-11-03/pdf/2014-25503.pdf Advertising Consumer Protection Credit Credit Unions Mortgages National Banks Reporting and Recordkeeping Requirements Savings Associations Truth in Lending 26 p. 65300 65325 79 FR 65300 Title 12 Part 1026 12 CFR Part 1026 RIN 3170-AA43 Amendments to the 2013 Mortgage Rules Under the Truth in Lending Act (Regulation Z); Federal Register Vol. 79, Issue RULE 2014-25503 II BUREAU OF CONSUMER FINANCIAL PROTECTION 2014-11-03 Docket No. CFPB-2014-0009 4810-AM-P 2014-25503 Final rule; official interpretations.

The Bureau of Consumer Financial Protection (Bureau) is amending certain mortgage rules issued in 2013. The final rule provides an alternative small servicer definition for nonprofit entities that meet certain requirements and amends the existing exemption from the ability-to-repay rule for nonprofit entities that meet certain requirements. The final rule also provides a cure mechanism for the points and fees limit that applies to qualified mortgages.

Effective dates: The final rule is effective on November 3, 2014, except amendatory instruction 5, which is effective August 1, 2015. For additional discussion regarding the effective date of the rule, see section VI of the SUPPLEMENTARY INFORMATION below. Pedro De Oliveira, Counsel; William R. Corbett, Nicholas Hluchyj, and Priscilla Walton-Fein, Senior Counsels, Office of Regulations, at (202) 435-7700. Advertising Consumer Protection Credit Credit Unions Mortgages National Banks Reporting and Recordkeeping Requirements Savings Associations Truth in Lending Mortgage Rules under the Truth in Lending Act (Regulation Z) , http://www.fanniemae.com/resources/file/ir/pdf/monthly-summary/063014.pdf http://www.federalreserve.gov/boarddocs/snloansurvey/201408/fullreport.pdf http://www.freddiemac.com/finance/pdf/Jan_2014_public_outlook.pdf https://www.fanniemae.com/content/legal_form/3005w.doc https://www.fanniemae.com/content/legal_form/3033w.doc https://www.fanniemae.com/singlefamily/security-instruments Vol. 79, no. 212 Office of the Federal Register, National Archives and Records Administration 2014-11-03 continuing daily deposited born digital 197 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2014-11-03 P0b002ee18a08e217 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr03no14 https://www.govinfo.gov/app/details/FR-2014-11-03 https://www.govinfo.gov/content/pkg/FR-2014-11-03/pdf/FR-2014-11-03.pdf https://www.govinfo.gov/content/pkg/FR-2014-11-03/xml/FR-2014-11-03.xml fdlp 65139 65325 DGPO 2014-11-01 2024-06-02 FR-2014-11-03 machine generated eng FR FR-2014-11-03 79 212