Items Tagged with 'ability-to-repay'

ARTICLES

NCUA Issues Mortgage Regulatory Alerts

NCUA in January issued a series of regulatory alerts on the CFPB’s mortgage lending rules.
NCUA in January issued a series of regulatory alerts on the CFPB’s mortgage lending rules
Read More

CFPB Clarifies Ability-to-Repay and Mortgage Servicing Rules

The final rule covers tools to calculate a consumer’s debt-to-income ratio, among other things.
These changes become effective Jan. 10, 2014, along with the rest of ATR and mortgage servicing rules.
Read More

Compliance Q&A: Ability-to-Repay and Mobile Homes

Does the new ATR rule cover mobile home loans?
The ATR rule will apply to any consumer credit transaction that’s secured by a dwelling.
Read More

CFPB Amends Ability-to-Repay

Rule goes into effect Jan. 10, 2014.

The CFPB created specific exemptions and modifications for small creditors, community development lenders, and housing stabilization programs.


Read More
Credit Union Magazine

Credit Union Magazine

October 2014

What's Popular

Popular Stories

Recent Discussion

Your Say: Does Your CU Offer Subprime Loans?

View Results Poll Archive