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

August 31, 2012

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.