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WBK Industry News - Federal Regulatory Developments

New Regulatory Implementation Resources Available on the Mortgage Rules

The CFPB has added two new resources to its regulatory implementation web page. The first is a factsheet for small creditors operating in rural or underserved areas. The second is a chart illustrating when a creditor is eligible to make different types of qualified mortgages.

The resources are available here:
http://www.consumerfinance.gov/policy-compliance/guidance/implementation-guidance/title-xiv-mortgage-rules/?utm_source=GovDelivery&utm_medium=newsletter&utm_term=04262016_a1&utm_campaign=TitleXIV.