Consumer Financial Protection Bureau (CFPB) Proposes Mortgage Loan Originator Rules

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On August 17, 2012, the CFPB published for public comment proposed rules governing mortgage loan originations. The proposed rules would amend Regulation Z to implement amendments to the Truth in Lending Act (TILA) made by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The comment period for the proposed rules ends on October 16, 2012.

Author: Federal Reserve Bank of San Francisco

Date of Publication: August 31, 2012

Last Updated: August 31, 2012