Get information on the CFPB's 2013 mortgage rules that largely became effective in January 2014. Organized by category, below you'll find resources available through NAFCU such as links to summaries of the final rules, insightful blog posts, articles and webcasts, to help you get up-to-speed on the 2013 rules. Visit our 2016 Mortgage Servicing Rules & TRID Compliance resources page for recent mortgage rulemakings, proposals and information.
*Member-only resources.
Download all Scope and Applicability Charts*
Mortgage Servicing
Compliance Deadline: January 10, 2014
**Visit our 2016 Mortgage Servicing Rules & TRID Compliance resources page for recent updates and information.**
- Consolidated Regulatory Text*
All rule additions and amendments in one document, as the final rule appeared in January. - NAFCU Final Rule Summary*
- NAFCU Final Rule Summary - Clarification on Final Rules*
- NAFCU Final Rule Summary - Amendments to Regulation X, Regulation Z and Regulation B*
- Scope & Applicability Chart: Regulation Z (TILA) Mortgage Servicing Requirements*
- Scope & Applicability Chart: Regulation X (RESPA) Mortgage Servicing Requirements*
- Mortgage Servicing blog posts
- "Understanding the Small Servicer Exemptions"*
- "Mortgage Servicing: Error Resolution and Information Request Procedures"*
TILA/RESPA Integrated Mortgage Disclosures (TRID)
Compliance Deadline: October 3, 2015
**Visit our 2016 Mortgage Servicing Rules & TRID Compliance resources page for recent updates and information.**
- Read NCUA Chairman Matz's response to NAFCU President and CEO Dan Berger's Letter Seeking Good Faith for TILA/RESPA Compliance (March 26, 2015).
- Consolidated Regulatory Text*
All rule additions and amendments in one document, as the final rule appeared in October 2015. - NAFCU Final Rule Summary of TRID Delay* (July 2015)
Summary of final rule issued delaying the TRID implementation date from August 1, 2015 to October 3, 2015. - NAFCU Final Rule Summary* (November 2013)
Summary and analysis of final TRID rule issued in November 2013. - Scope & Applicability Chart: TILA/RESPA Disclosures* (2013)
- TILA/RESPA Integrated Mortgage Disclosures blog posts
- "TILA/RESPA Implementation: NAFCU's Resource Round-Up"*
- "TILA/RESPA Integrated Disclosures—Post-Consummation Notices"*
- "Requirements for Providing Corrected Closing Disclosures Under the TILA/RESPA Integrated Mortgage Disclosures Rule"*
- "Loan Estimates - Revisions and Corrections Under TILA/RESPA Integrated Mortgage Disclosure Rule"*
- "Using Average Charges Over Actual Amount Received on the TILA/RESPA Closing Disclosure"*
- "Delving into the Closing Disclosure: Requirements, Timing, Delivery and More"*
- "A Deep Dive into the Loan Estimate Disclosure: Requirements, Timing and Tolerances"*
- "TILA/RESPA Integrated Mortgage Disclosure Rule: Overview"*
Appraisal Disclosures & Delivery
Compliance Deadline: January 18, 2014
- Consolidated Regulatory Text*
All rule additions and amendments in one document, as the final rule appeared in January. - NAFCU Final Rule Summary: Free Access to Appraisals*
- NAFCU Final Rule Summary: High Risk Mortgage Appraisals*
- Scope & Applicability Chart: Regulation B Appraisal Disclosure Requirements*
- Scope & Applicability Chart: Appraisal Disclosure Requirements for Higher-Priced Mortgage Loans*
- Scope & Applicability Chart: Appraisal Requirements for Higher-Priced Mortgage Loans*
- Appraisal Disclosures & Delivery blog posts
- "New Appraisal Disclosure Requirements: Regulation B and Higher-Priced Mortgage Loans"*
Qualified Mortgages/Ability-to-Repay
Compliance Deadline: January 10, 2014
- Consolidated Regulatory Text*
All rule additions and amendments in one document, as the final rule appeared in January. - NAFCU Final Rule Summary - Clarification on Final Rules*
- NAFCU Final Rule Summary - Amendments to Regulation X, Regulation Z and Regulation B*
- NAFCU Final Rule Summary - Amendments to Truth in Lending Act (Reg Z)*
- Scope & Applicability Chart: Ability-to-Repay Requirements and Qualified Mortgage Standards*
- Qualified Mortgages/Ability-to-Repay blog posts
- "NCUA Supervisory Focus for 2014 – Risk Management and New Regulations"*
- "Understanding the Qualified Mortgage Quagmire"*
- "Small Creditor Portfolio Exemption for QMs Explained"*
Loan Originator Compensation & Qualifications
Compliance Deadline: January 10, 2014
(Except prohibition on mandatory arbitration deadline of June 1, 2013)
- Consolidated Regulatory Text*
All rule additions and amendments in one document, as the final rule appeared in January. - NAFCU Final Rule Summary*
- NAFCU Final Rule Summary - Amendments to Regulation X, Regulation Z and Regulation B*
- Scope & Applicability Chart: Loan Originator Compensation, Qualifications, Training and Disclosure Requirements*
- Loan Originator Compensation & Qualifications blog posts
- "Mortgage Loan Originator Requirements for Qualification and Screening, Training and Disclosures"*
HOEPA/High-Cost Mortgage Loans
Compliance Deadline: January 10, 2014
- Consolidated Regulatory Text*
All rule additions and amendments in one document, as the final rule appeared in January. - NAFCU Final Rule Summary*
- Scope & Applicability Chart: New Requirements for High-Cost Mortgages*
- Scope & Applicability Chart: New Homeownership Counseling Disclosure Requirement*
- HOEPA/High-Cost Mortgage Loans blog posts
- "New Homeownership Counseling Disclosure Requirement"*
Escrow Requirements
Compliance Deadline: June 1, 2013
- Consolidated Regulatory Text*
All rule additions and amendments in one document, as the final rule appeared in January. - NAFCU Final Rule Summary*
- NAFCU Final Rule Summary - Clarification on Final Rules*
- NAFCU Final Rule Summary - Amendments to Regulation X, Regulation Z and Regulation B*
- Scope & Applicability Chart: New Escrow Requirements for Higher-Priced Mortgage Loans*
- Escrow Requirements blog posts
- "Escrow Requirements for Higher-Priced Mortgage Loans"*