Mortgage Loan Originator Rules Review Pursuant to the Regulatory Flexibility Act (Regulation Z)

18 organizations filed 19 public comments on Mortgage Loan Originator Rules Review Pursuant to the Regulatory Flexibility Act (Regulation Z), at the Consumer Financial Protection Bureau. The comment window closed 1184d ago.

Abstract

The Consumer Financial Protection Bureau (CFPB or Bureau) is conducting a review of Regulation Z’s Mortgage Loan Originator Rules (Loan Originator Rules) pursuant to section 610 of the Regulatory Flexibility Act. Regulation Z, which implements the Truth in Lending Act (TILA), among other things, imposes certain requirements on: loan originator compensation; qualification of, and registration or licensing of, loan originators; compliance procedures for depository institutions; mandatory arbitration; and the financing of single premium credit insurance. As part of this review, the Bureau is seeking comment on the economic impact of the Loan Originator Rules on small entities. These comments may assist the Bureau in determining whether the Loan Originator Rules should be continued without change or amended or rescinded to minimize any significant economic impact of the rules upon a substantial number of such small entities, consistent with the stated objectives of applicable Federal statutes.

Commenters (18)

• RDS Mortgage Corporationunverified attribution

  2 filings · confidence 70%
• American Bankers Associationtrade assoc.

  1 filing · confidence 97%
• Arlington Financial Corporationunverified attribution

  1 filing · confidence 70%
• Association of Independent Mortgage Expertstrade assoc.

  1 filing · confidence 85%
• California Association of Mortgage Professionalstrade assoc.

  1 filing · confidence 85%
• Credit Union National Associationtrade assoc.

  1 filing · confidence 97%
• Greystone Loans Incunverified attribution

  1 filing · confidence 70%
• IMMAAG. Inc.unverified attribution

  1 filing · confidence 70%
• Lend18 Corpunverified attribution

  1 filing · confidence 70%
• Mortgage Bankers Associationtrade assoc.

  1 filing · confidence 97%
• Mortgages Done Right Incunverified attribution

  1 filing · confidence 70%
• National Association of Federally-Insured Credit Unionstrade assoc.

  1 filing · confidence 85%
• National Association of Mortgage Brokerstrade assoc.

  1 filing · confidence 85%
• Nevada Mortgage Lenders Associationtrade assoc.

  1 filing · confidence 85%
• Smarter Mortgage LLCunverified attribution

  1 filing · confidence 70%
• The California Association of Mortgage Professionstrade assoc.

  1 filing · confidence 85%
• The Patterson Company Real Estate Lendingunverified attribution

  1 filing · confidence 70%
• YoUnited home loans corporationunverified attribution

  1 filing · confidence 70%