Finance & markets · 23/10/2013

Amendments to 2013 Mortgage Rules Under Regulation X and Regulation Z

The Bureau of Consumer Financial Protection is requesting public comment on proposed amendments to the 2013 Mortgage Rules under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z). The changes aim to clarify disclosures for high-cost mortgages and improve servicing requirements for mortgage borrowers in bankruptcy or requesting cease communication.