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CFPB RIN: 3170-AA43 Publication ID: Spring 2014 
Title: Further Amendments to 2013 Mortgage Rules (Regulations X and Z) 
Abstract: In January 2013, the CFPB issued nine final rules implementing numerous provisions of the Equal Credit Opportunity Act, the Real Estate Settlement Procedures Act, and the Truth in Lending Act, as amended by title XIV of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The CFPB has since made various corrections, clarifications, and other amendments to the January 2013 final rules discussed in RIN 3170-AA37. Certain provisions of the rules took effect in 2013 and the rest of the rules took effect in January 2014. The CFPB expects to conduct further analysis to consider possible amendments as warranted based on the CFPB's monitoring of the market and implementation of the Dodd-Frank Act requirements. The CFPB expects to release a notice of proposed rulemaking on certain limited issues in spring 2014 while it is continuing to assess possible revisions to the definitions of "rural" and "underserved," for purposes of certain exemptions from several otherwise applicable requirements; additional guidance that would facilitate the development of automated underwriting systems for purposes of calculating debt-to-income ratios in connection with qualified mortgage determinations; and other topics. 
Agency: Consumer Financial Protection Bureau(CFPB)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: No 
CFR Citation: 12 CFR 1024    12 CFR 1026   
Legal Authority: 12 USC 2601    12 USC 2603 to 2605    12 USC 2607    12 USC 2609    12 USC 2617    12 USC 5511 and 5512    12 USC 5581    12 USC 5532    15 USC 1601 et seq   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  05/06/2014  79 FR 25730   
NPRM Comment Period End  07/07/2014 
Regulatory Flexibility Analysis Required: Undetermined  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related RINs: Related to 3170-AA37 
Agency Contact:
Paul Mondor
Office of Regulations
Consumer Financial Protection Bureau
Phone:202 435-7700