Federal Reserve Bank of San Francisco

CFPB Finalizes April Clarifications to the Ability-to-Repay and Mortgage Servicing Rules

Author(s): Federal Reserve Bank of San Francisco

July 31, 2013

On July 10, 2013, the Consumer Financial Protection Bureau (CFPB) finalized corrections, clarifications, and amendments to its Ability-to-Repay and mortgage servicing rules. The clarifications were first proposed in April 2013.

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