Dodd-Frank Act Mortgage Lending Resources

 

The resources available below address rules issued by the Bureau of Consumer Financial Protection (BCFP) 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.

CFPB Truth in Lending Act (Regulation Z) Adjustment to Asset-Size Exemption Threshold (Effective Jan. 1, 2018)

CFPB Truth in Lending Act (Regulation Z) Adjustment to Asset-Size Exemption Threshold (Effective Jan. 1, 2017)

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 Regulation Z (Truth in Lending) Screening and Training Requirements for Loan Originators Final Rule (Effective Nov. 24, 2019)

CFPB Loan Originator Rule Small Entity Compliance Guide, version 4.0

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

CFPB Rule and Additional CFPB Resources (Rule generally effective Jan. 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, 2020)

Consumer Financial Protection Update 19-02, CFPB Announces Asset-Size Threshold Adjustments Under HMDA and TILA (Jan. 15, 2019)

BCFP Truth in Lending (Regulation Z) Annual Threshold Adjustments (CARD Act, HOEPA, and ATR/QM) (Effective Jan. 1, 2019)

CFPB Truth in Lending (Regulation Z) Annual Threshold Adjustments (CARD Act, HOEPA and ATR/QM) (effective Jan. 1, 2018)

CFPB Truth in Lending Act (Regulation Z) Adjustment to Asset-Size Exemption Threshold (Effective Jan. 1, 2017)

CFPB Truth in Lending (Regulation Z) Annual Threshold Adjustments (CARD Act, HOEPA and ATR/QM) (effective Jan. 1, 2017)

CFPB Issues Guidance on Housing Counselor Requirement

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.

CFPB Truth in Lending (Regulation Z) Annual Threshold Adjustments (CARD Act, HOEPA, and ATR/QM) (Effective Jan. 1, 2020)

Consumer Financial Protection Update 19-07, CFPB Publishes 2019 Lists of Rural and Underserved Counties and Updates Website Tool (March 4, 2019)

CFPB Final 2019 Rural or Underserved Counties List and Final 2019 Rural Counties List (Issued Feb. 12, 2019)

CFPB Rural and Underserved Areas Tool

Consumer Financial Protection Update 19-02, CFPB Announces Asset-Size Threshold Adjustments Under HMDA and TILA (Jan. 15, 2019)

BCFP Truth in Lending (Regulation Z) Annual Threshold Adjustments (CARD Act, HOEPA, and ATR/QM) (Effective Jan. 1, 2019)

CFPB Final 2018 Rural or Underserved Counties List and Final 2018 Rural Counties List (Issued March 6, 2018)

CFPB Truth in Lending Act (Regulation Z) Adjustment to Asset-Size Exemption Threshold (Effective Jan. 1, 2017)

CFPB Final 2017 Rural or Underserved Counties List and Final 2017 Rural Counties List (Issued Nov. 17, 2016)

NCUA Regulatory Alert 16-RA-05, Amendments Relating to Small Creditors and Rural or Underserved Areas under the Truth in Lending Act (May 2016)

CFPB Interim Final Rule Relating to Operations in Rural Areas under the Truth in Lending Act (Regulation Z) (Issued March 22, 2016)

CFPB Application Process for Designation of Rural Area under Federal Consumer Financial Law Procedural Final Rule (March 3, 2016)

CFPB Amendments Relating to Small Creditors and Rural or Underserved Areas Under the Truth in Lending Act (Regulation Z) (Effective Jan. 1, 2016)

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 Mortgage Servicing FAQs (Updated March 20, 2018)

CFPB Mortgage Servicing Rule Small Entity Compliance Guide (Issued March 29, 2018)

CFPB Final Rule Amendments to the 2016 Mortgage Servicing Rule (Issued March 8, 2018)

CFPB Executive Summary of the 2016 Mortgage Servicing Rule (Issued Oct. 18, 2017)

CFPB Amendments to the 2016 Amendments to the 2013 Mortgage Servicing Rules Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) Interim Final Rule (Issued Oct. 4, 2017)

CFPB Amendments to the 2013 Mortgage Rules Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z); Correction (July 5, 2017)

NCUA Regulatory Alert 17-RA-01, 2016 Mortgage Servicing Rule Fair Debt Collection Practices Act Interpretive Rule (January 2017)

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 Oct. 19, 2017; other effective dates apply to certain provisions)

CFPB Safe Harbors from Liability under the Fair Debt Collection Practices Act for Certain Actions Taken in Compliance with Mortgage Servicing Rules under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) (Effective Oct. 19, 2017; other effective date applies to certain provision)

CFPB Truth in Lending (Regulation Z) CFR Correction to Supplement I to Part 1026—Official Interpretations, Section 1026.41 Periodic Statements for Residential Mortgage Loans (published in the Federal Register on July 29, 2016)

CFPB Amendments to the 2013 Mortgage Servicing Rules Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z) (Issued April 26, 2016)

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.

Appraisals for Higher-Priced Mortgage Loan Exemption Threshold Adjustment (Effective Jan. 1, 2020)

Consumer Financial Protection Update 19-07, CFPB Publishes 2019 Lists of Rural and Underserved Counties and Updates Website Tool (March 4, 2019)

CFPB Final 2019 Rural or Underserved Counties List and Final 2019 Rural Counties List (Issued Feb. 12, 2019)

CFPB Rural and Underserved Areas Tool

Appraisals for Higher-Priced Mortgage Loan Exemption Threshold Adjustment (Effective Jan. 1, 2019)

CFPB Final 2018 Rural or Underserved Counties List and Final 2018 Rural Counties List (Issued March 6, 2018)

Appraisals for Higher-Priced Mortgage Loans Exemption Threshold Adjustment (Effective Jan. 1, 2018)

Appraisals for Higher-Priced Mortgage Loans Exemption Threshold Adjustment (Effective Jan. 1, 2017)

CFPB Final 2017 Rural or Underserved Counties List and Final 2017 Rural Counties List (Issued Nov. 17, 2016)

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 Disclosure FAQs (On the TRID Rule as it applies to construction loans) (First Set, May 31, 2019)

CFPB Factsheet: Are Loan Estimates and Closing Disclosures Required for Assumptions? (May 1, 2019)

Consumer Financial Protection Update 19-06, CFPB Releases FAQs for Complying with TRID Rule Change (March 4, 2019)

CFPB TILA-RESPA Integrated Disclosure FAQs (Jan. 25, 2019)

CFPB Federal Mortgage Disclosure Requirements under the Truth in Lending Act (Regulation Z) (Effective June 1, 2018)

CFPB Executive Summary of the 2018 TILA-RESPA Rule (Issued April 26, 2018)

CFPB 2017 TILA-RESPA Rule Small Entity Compliance Guide (Version 5)

CFPB Amendments to Federal Mortgage Disclosure Requirements Under the Truth in Lending Act (Regulation Z) Final Rule (Aug. 11, 2017)

Department of Veterans Affairs Circular 26-16-11, Policy Clarification for TILA-RESPA Integrated Disclosure Fee Itemization Requirements and Regarding Loan Expenses Not Expressly Permitted by 38 CFR 36.4313 (Issued April 11, 2016) 

CFPB: Know Before You Owe Mortgage Disclosure Rule (TILA-RESPA Integrated Disclosure Rule – TRID) Webinars (Recordings of previous webinars and additional information and resources)

CFPB 2013 Integrated Mortgage Disclosures Rule Under the Real Estate Settlement Procedures Act (Regulation X ) and the Truth in Lending Act (Regulation Z) Correction of Supplementary Information (Issued Feb. 9, 2016)

CFPB Know Before You Owe mortgage disclosure rule and construction lending Webinar (March 1, 2016)

CFPB Owning a Home Tools and Resources

CFPB Question Index – Outlook Live Webinars on TILA-RESPA Integrated Disclosure

CFPB Fact Sheet “Will the new mortgage disclosures delay my closing?

CFPB “Know Before You Owe” Mortgage Shopping Toolkit

CFPB RESPA Special Information Booklet, Your Home Loan Toolkit (Issued March 2015)

CFPB RESPA Special Information Booklet, Shopping for Your Home Loan (Issued January 2014)

CFPB TILA-RESPA Integrated Disclosure Rule Implementation Webpage

CFPB Small Entity Compliance Guide, Forms, Disclosure Timeline and Samples

NCUA Webinars

These webinars address rules applicable to mortgage lending under the Dodd-Frank Act.

Additional Resources

CFPB TILA-RESPA Integrated Disclosure Guide to the Loan Estimate and Closing Disclosure forms (Issued Dec. 6, 2017)

CFPB Notice of Availability of Revised Methodology for Determining Average Prime Offer Rates (published Aug. 10, 2016)

FFIEC Methodology for Determining Prime Offer Rates (published July 7, 2016)

CFPB Resources for Real Estate Settlement Professionals

CFPB Guidance Documents

CFPB Regulatory Implementation Resources

CFPB Dodd-Frank Mortgage Rules Readiness Guide version 4.0 (September 2015)

FFIEC Interagency Examination Procedures for TILA/Regulation Z

FFIEC Interagency Examination Procedures for RESPA/Regulation X

 

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