Details

  • Type: Publication series
  • Date: 6/21/2013

Regulatory Alert - June 2013 

Ability to Repay and Qualified Mortgages: Industry Updates

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The Consumer Financial Protection Bureau (CFPB or Bureau) released final rules on May 29, 2013 that amend the Bureau’s rules to implement the Ability-To-Repay (ATR) provisions of the Dodd Frank Wall Street Reform and Consumer Protection Act (the DoddFrank Act), which were released in January 2013 (ATR final rules).