CFPB Publishes Mortgage Rules Readiness Guide
The resource helps financial institutions comply with recently finalized mortgage rules.
The Consumer Financial Protection Bureau (CFPB) published its 2013 CFPB Dodd-Frank Mortgage Rules Readiness Guide to help financial institutions comply with recently finalized mortgage rules. The guide includes:
- Part I: Summary of the Rules
- Part II: Readiness Questionnaire
- Part III: Frequently Asked Questions
- Part IV: Tools
Updated periodically, the guide is designed for use by institutions of all sizes. CFPB invites feedback on the guide’s usefulness in preparing for compliance with the rules as well as suggestions for improving it.
More information is available at consumerfinance.gov/regulatoryimplementation.