The CFPB has also issued a fact sheet accompanying the mortgage-disclosure and high-cost mortgage proposals that shows the agency intends to issue several other mortgage market-related proposed rules this summer.
The upcoming proposals will address points and fees; interest-rate adjustments and unexpected insurance charges; and mortgage-servicers’ recordkeeping.
The CFPB’s goal is to finalize these proposals in January 2013.
Read the fact sheet.
No comments:
Post a Comment
Please read our comment policy before making a comment.