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


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.