National Association of Home Builders
CFPBRulemakingCFPB-2016-0038

Amendments to Federal Mortgage Disclosure Requirements under the Truth in Lending

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National Association of Home Builders filings
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National Association of Home Builders filed 1 comment on this docket between Oct 20, 2016 and Oct 20, 2016. 18 other organizations filed here. The comment window closed 3570d ago.

What National Association of Home Builders filed (1)

Oct 20, 2016· Comment Submitted by Michelle Hamecs, National Association of Home Builders· CFPB-2016-0038-1496

On behalf of the National Association of Home Builders, attached is NAHB's comment letter regarding the CFPB's proposed Amendments to Federal Mortgage Disclosure Requirements under the Truth in Lending Act (Regulation Z).

Abstract

The Bureau of Consumer Financial Protection (Bureau) is proposing various amendments to Federal mortgage disclosure requirements under the Real Estate Settlement Procedures Act and the Truth in Lending Act that are implemented in Regulation Z. The proposed amendments memorialize the Bureau’s informal guidance on various issues and include clarifications and technical amendments. The Bureau is also proposing tolerance provisions for the total of payments, an adjustment to a partial exemption mainly affecting housing finance agencies and nonprofits, extension of coverage of the integrated disclosure requirements to all cooperative units, and guidance on sharing the disclosures with various parties involved in the mortgage origination process.

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