CFPB mortgage servicing rules

The CFPB has released its proposed mortgage servicing rules.  The proposals consist of a Real Estate Settlement Procedures Act (Regulation X) rule and a Truth in Lending Act (Regulation Z) rule.  Comments on the proposals will be due by October 9, 2012.  

Take a look at the documents and let the CFPB know what you think.

Participate in the formal comment process by going to Regulations.gov (TILA Servicing or RESPA servicing) to send us your comments, or

Visit our partner, the Cornell e-Rulemaking Initiative, to read other summaries of the rules on www.regulationroom.org and participate in an on-line conversation about them. Cornell will share with us a summary of the feedback that you and others provide.

 

201208_cfpb_tila_proposed_rules.pdf Download this file

CFPB-2012-0034-0001_Reg_X.pdf Download this file

201208_cfpb_summaries_proposed_rules-consumers.pdf Download this file

Title Insurance Industry Free Classifieds
New Jersey Title Insurance Linkedin Group

CFPB RESP Rule Guidance

If you want to take a look at the new RESPA Settlement rules guidance published by the Consumer Financial Protection Bureau, go here and you will receive a link to the document.

 

http://learntitle.com/titletalk/new-cfpb-respa-rule-2/

Title Insurance Industry Free Classifieds
New Jersey Title Insurance Linkedin Group