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Consumer Compliance Regulatory Resources

Dodd-Frank Act Mortgage Lending Resources


The resources available below address rules issued by the Consumer Financial Protection Bureau (CFPB) to implement provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act.


 

Escrow Requirements/Higher-Priced Mortgage Loans (Regulation Z - Truth in Lending Act)


These resources discuss when escrow accounts must be established and which institutions are exempt from escrow requirements.

NCUA Regulatory Alert 13-RA-05 (July 2013)

CFPB Rule and Additional Resources (Effective June 1, 2013)

CFPB Increase in Higher-Priced Mortgage Loans Escrow Account Asset-Size Threshold (Effective January 1, 2014)

Loan Originator Compensation and Qualifications Requirements (Regulation Z - Truth in Lending Act)


These resources provide information about how to determine when compensation is permitted, limits on payment and required qualifications for loan originators.

CFPB Policy Guidance on Supervisory and Enforcement Considerations Relevant to Mortgage Brokers Transitioning to Mini-Correspondent Lenders (Issued July 2014) (New)

NCUA Regulatory Alert 14-RA-05 (January 2014)

CFPB Rule and Additional CFPB Resources (Rule generally effective January 10, 2014; additional effective date applies to particular provision)

Home Ownership and Equity Protection Act (Regulation Z - Truth in Lending Act and Regulation X - Real Estate Settlement Procedures Act)


These resources present information about compliance with requirements for providing certain high-cost mortgages.

CFPB Truth in Lending (Regulation Z) Annual Threshold Adjustments (CARD Act, HOEPA and ATR/QM) (effective Jan. 1, 2015) (New)

NCUA Regulatory Alert 13-RA-09 (December 2013)

CFPB Rule and Additional CFPB Resources:  High-Cost Mortgage and Homeownership Counseling Amendments to the Truth in Lending Act (Regulation Z) and Homeownership Counseling Amendments to the Real Estate Settlement Procedures Act (Regulation X) (Rule generally effective January 10, 2014; other effective dates apply to certain provisions) 

CFPB Amendments to the 2013 Mortgage Rules Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) (Generally effective January 10, 2013; other effective dates apply to certain provisions) 

CFPB Annual Adjustments to Dollar Thresholds (Effective January 1, 2014)

Ability to Repay Requirements/Qualified Mortgages (Regulation Z - Truth in Lending)


These resources provide details about how to calculate a borrower's ability to repay a mortgage loan and which loans provide special legal protections to lenders.

Truth in Lending (Regulation Z) Annual Threshold Adjustments (CARD Act, HOEPA and ATR/QM) (effective Jan. 1, 2015) (New)

CFPB Interpretive Rule on the Application of Regulation Z’s Ability-to-Repay Rule to Certain Situations Involving Successors-in-Interest (issued July 2014) (New)

NCUA Regulatory Alert 14-RA-09 (March 2014)

NCUA Supervisory Letter 14-CU-01 (January 2014)

CFPB Ability-to-Repay and Qualified Mortgage Rule and Additional Resources (Effective January 10, 2014)

Interagency Statement on Fair Lending Compliance and the Ability-to-Repay and Qualified Mortgage Standards Rule (October 22, 2013)

Interagency Statement on Supervisory Approach for Qualified and Non-Qualified Mortgage Loans (December 13, 2013)

CFPB Increase in Higher-Priced Mortgage Loans Escrow Account Asset-Size Threshold (Effective January 1, 2014)

Mortgage Servicing Final Rules (Regulation Z – Truth In Lending Act and Regulation X – Real Estate Settlement Procedures Act)


These resources provide guidance for entities that service mortgage loans, including rules about exemption for small servicers.

CFPB Compliance Bulletin and Policy Guidance—Mortgage Servicing Transfers (issued Aug. 19, 2014; published in the Federal Register Oct. 23, 2014) (Updated)

NCUA Regulatory Alert 14-RA-03 (January 2014)

NCUA Regulatory Alert 14-RA-04 (January 2014)

CFPB Real Estate Settlement Procedures Act (Regulation X) and Truth in Lending Act (Regulation Z) Mortgage Servicing Final Rules (Effective Date January 10, 2014)

CFPB Amendments to the 2013 Mortgage Rules Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) (Effective January 10, 2014)

Appraisals (Regulation B - Equal Credit Opportunity Act)


These resources discuss requirements for providing copies of appraisals and other valuations to borrowers.

NCUA Regulatory Alert 13-RA-07 (July 2013)

CFPB Disclosure and Delivery Requirements for Copies of Appraisals and Other Written Valuations Under the Equal Credit Opportunity Act (Regulation B) (Effective Date January 18, 2014)

Appraisals for Higher-Priced Mortgage Loans (Regulation Z - Truth in Lending Act)


These resources address rules about when appraisals must be performed, who may perform appraisals and disclosure to consumers.

NCUA Regulatory Alert 14-RA-07 (February 2014)

CFPB Rule on Appraisals for Higher-Priced Mortgage Loans (Effective Date January 18, 2014)

TILA-RESPA Integrated Disclosure Rule (Regulation Z - Truth in Lending Act and Regulation X - Real Estate Settlement Procedures Act)


These resources provide guidance for completing the unified disclosures required by the Truth in Lending Act and the Real Estate Settlement Procedures Act.

CFPB TILA-RESPA Integrated Disclosures Rule Webinar Part 3 (Oct. 1, 2014)  (New)

 

CFPB TILA-RESPA Integrated Disclosures Rule Webinar Part 1 (Jun. 17, 2014) 

CFPB Rule on Integrated Mortgage Disclosures under the Real Estate Settlement Procedures Act (Regulation X) and the Truth In Lending Act (Regulation Z) (Effective date August 1, 2015)

CFPB Small Entity Compliance Guide, Forms, Disclosure Timeline and Samples (Updated)

NCUA Webinars


These webinars and question and answer documents address rules applicable to remittances and mortgage lending under the Dodd-Frank Act.

New Dodd-Frank Remittances and Mortgage Lending Rules Webinar, Part 1 (November 18, 2013) 

New Dodd-Frank Remittances and Mortgage Lending Rules Webinar, Part 2 (December 18, 2013)

New Dodd-Frank Rules Webinar Part I, Questions and Answers (November 18, 2013) (Updated)

 

NCUA Consumer Protection Update


These videos provide information about mortgage and remittance transfer rules under the Dodd-Frank Act.

NCUA Consumer Protection Update -- Part 1 (October 31, 2013)

NCUA Consumer Protection Update -- Part 2 (October 31, 2013)

NCUA Consumer Protection Update -- Part 3 (October 31, 2013)

Additional Resources  

CFPB Regulatory Implementation Resources

CFPB Dodd-Frank Mortgage Rules Readiness Guide version 1.1 (2013)

FFIEC Revised Interagency Examination Procedures for Regulation Z

FFIEC Revised RESPA Interagency Examination Procedures



Questions? Contact the Division of Consumer Compliance Policy and Outreach in NCUA's Office of Consumer Protection at compliancemail@ncua.gov.