Tabs

Bank/Thrift Supervision   |    Capital    |    CFPB    |    Deposit Insurance    |    Interchange    |    Mortgage Finance
Municipal Advisors   |    OCC-OTS Merger   |    Preemption    |    QM - QRM    |    Swaps   |    Volcker Rule    |    Full Topics List
 
Qualified Mortgage - Qualified Residential Mortgage
Swaps
Consumer Financial Protection Bureau - CFPB
Bank/Thrift Holding Company Supervision
Capital
Deposit Insurance
Interchange
Mortgage Finance
Municipal Advisors
OCC-OTS Merger
Preemption
Volcker Rule
Corporate Governance
Financial Stability Oversight Council (FSOC)
Appraisals
Office of Financial Research (OFR)
Systemic Risk
Supervision and Oversight
Payment, Clearing and Settlement
Prudential Supervision
Trust & Securities
Asset-Backed Securities
Resolution Authority

Tuesday, September 4, 2012

CFPB Extends Comment Period on APR Changes

The CFPB has extended the comment period for proposed changes that would create a new, higher “all in” annual percentage rate calculation and establish a new high-cost mortgage coverage test. Comments on the changes, which were proposed July 9 along with extensive revisions to Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) rules and disclosures, were initially due Sept. 7 but now are due Nov. 6.

Other comment deadlines related to the bureau’s July 9 mortgage proposals remain unchanged.

Read more.

No comments:

Post a Comment

Please read our comment policy before making a comment.