The FDIC released the third in a series of three new technical assistance videos developed to assist bank employees in meeting regulatory requirements. These videos address compliance with certain mortgage rules issued by the CFPB. The first video covered the Ability to Repay and Qualified Mortgage Rule. The second video covered the Loan Officer Compensation Rule. The third video covers the Mortgage Servicing Rules. The three technical assistance videos are intended for compliance officers and staff responsible for ensuring the bank's mortgage lending and servicing operations comply with CFPB rules.
View the video.