The Consumer Financial Protection Bureau has issued a number of mortgage-related rules that were effective January 10, 2014: Regulatory implementation. They have published resources to help you understand the rules and their implications, as well as links to various other helpful resources including downloadable compliance guides: plain-language guides to the new rules in a FAQ format which makes the content more accessible for industry constituents.
The Ability to Repay/Qualified Mortgages, HOEPA, Loan Originator Compensation, Servicing, and more.
And
The new Loan Estimate and Closing Disclosure requirements – effective August 1, 2015
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