CFPB Consolidates New Mortgages Rules, Information, to a Single Web Page
By:
Jann Swanson
•
The Consumer Financial Protection Bureau (CFPB) has launched a new web page which consolidates all of the new mortgages rules issued this year and their related implementation materials. The Regulatory Implementation Page (consumerfinance.gov/regulatory-implementation ) will be the central access point for collateral including:
- Mortgage rules at a glance
- Small entity compliance guides
- Videos
- Quick reference charts
- 2013 rural or underserved counties list
- Other helpful materials
CFPB said it hopes the page will make rule content more accessible for its industry constituents, especially smaller businesses with limited legal and compliance staff. The Bureau cautions that these materials are only designed to give an overview of the rules and are not substitutes for the rules themselves.