Source: https://www.law.cornell.edu/cfr/text/12/part-1026/subpart-A
Timestamp: 2015-03-04 19:59:00
Document Index: 143781244

Matched Legal Cases: ['art 1026', 'art 1026', 'art 1026', '§ 1026', '§ 1026', '§ 1026', '§ 1026', 'art 1026', '§ 1026', '§ 1026', 'art 1026', 'art 1026', 'arts 1005', 'arts 1024']

12 CFR Part 1026, Subpart A - General | LII / Legal Information Institute
CFR › Title 12 › Chapter X › Part 1026 › Subpart A 12 CFR Part 1026, Subpart A - General
There are 7 Updates appearing in the Federal Register for 12 CFR 1026. View below or at eCFR (GPOAccess)
§ 1026.1 — Authority, purpose, coverage, organization, enforcement, and liability.
§ 1026.2 — Definitions and rules of construction.
§ 1026.3 — Exempt transactions.
§ 1026.4 — Finance charge.
Title 12 published on 2014-01-01The following are only the Rules published in the Federal Register after the published date of Title 12.For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.2015-02-19; vol. 80 # 33 - Thursday, February 19, 201580 FR 8767 - Amendments to the 2013 Integrated Mortgage Disclosures Rule Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth In Lending Act (Regulation Z) and the 2013 Loan Originator Rule Under the Truth in Lending Act (Regulation Z)
2014-12-30; vol. 79 # 249 - Tuesday, December 30, 201479 FR 78296 - Appraisals for Higher-Priced Mortgage Loans Exemption Threshold Adjustment—Final Rule
2014-12-29; vol. 79 # 248 - Monday, December 29, 201479 FR 77855 - Truth in Lending Act (Regulation Z) Adjustment to Asset-Size Exemption Threshold
typeregulations.gov FR Doc.2014-30405 RIN BUREAU OF CONSUMER FINANCIAL PROTECTION Final rule; official interpretation. This final rule is effective January 1, 2015. 12 CFR Part 1026 SummaryThe Bureau is amending the official commentary that interprets the requirements of the Bureau&apos;s Regulation Z (Truth in Lending) to reflect a change in the asset size threshold for certain creditors to qualify for an exemption to the requirement to establish an escrow account for a higher-priced mortgage loan based on the annual percentage change in the average of the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) for the 12-month period ending in November. The exemption threshold is adjusted to increase to $2.060 billion from $2.028 billion. The adjustment is based on the 1.1 percent increase in the average of the CPI-W for the 12-month period ending in November 2014. Therefore, creditors with assets of $2.060 billion or less as of December 31, 2014, are exempt, if other requirements of Regulation Z also are met, from establishing escrow accounts for higher-priced mortgage loans in 2015. The adjustment to the escrows exemption asset-size threshold will also increase a similar threshold for small-creditor portfolio and balloon-payment qualified mortgages. Balloon-payment qualified mortgages that satisfy all applicable criteria, including being made by creditors that do not exceed the asset-size threshold, are also excepted from the prohibition on balloon payments for high-cost mortgages.
2014-11-03; vol. 79 # 212 - Monday, November 3, 201479 FR 65300 - Amendments to the 2013 Mortgage Rules Under the Truth in Lending Act (Regulation Z)
typeregulations.gov FR Doc.2014-25503 RIN3170-AA43 Docket No.CFPB-2014-0009 BUREAU OF CONSUMER FINANCIAL PROTECTION Final rule; official interpretations. Effective dates: The final rule is effective on November 3, 2014, except amendatory instruction 5, which is effective August 1, 2015. For additional discussion regarding the effective date of the rule, see section VI of the SUPPLEMENTARY INFORMATION below. Applicability dates: The amendments to § 1026.43 and commentary to § 1026.43 in Supplement I to part 1026, other than amendatory instruction 5, apply to transactions consummated on or after November 3, 2014. 12 CFR Part 1026 SummaryThe Bureau of Consumer Financial Protection (Bureau) is amending certain mortgage rules issued in 2013. The final rule provides an alternative small servicer definition for nonprofit entities that meet certain requirements and amends the existing exemption from the ability-to-repay rule for nonprofit entities that meet certain requirements. The final rule also provides a cure mechanism for the points and fees limit that applies to qualified mortgages.
2014-09-22; vol. 79 # 183 - Monday, September 22, 201479 FR 56483 - Truth in Lending (Regulation Z)
Title 12 published on 2014-01-01The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR 1026 after this date.2015-02-19; vol. 80 # 33 - Thursday, February 19, 201580 FR 8767 - Amendments to the 2013 Integrated Mortgage Disclosures Rule Under the Real Estate Settlement Procedures Act (Regulation X) and the Truth In Lending Act (Regulation Z) and the 2013 Loan Originator Rule Under the Truth in Lending Act (Regulation Z)
2014-12-23; vol. 79 # 246 - Tuesday, December 23, 201479 FR 77102 - Prepaid Accounts Under the Electronic Fund Transfer Act (Regulation E) and the Truth in Lending Act (Regulation Z)
typeregulations.gov FR Doc.2014-27286 RIN3170-AA22 Docket No.CFPB-2014-0031 BUREAU OF CONSUMER FINANCIAL PROTECTION Proposed rule; request for public comment. Comments must be received on or before March 23, 2015. 12 CFR Parts 1005 and 1026 SummaryThe Bureau of Consumer Financial Protection (Bureau) is proposing to amend Regulation E, which implements the Electronic Fund Transfer Act (EFTA); Regulation Z, which implements the Truth in Lending Act (TILA); and the official interpretations to the regulations. The proposal would create comprehensive consumer protections for prepaid financial products. The proposal would expressly bring such products within the ambit of Regulation E as prepaid accounts and create new provisions specific to such accounts. The proposal would generally cover those prepaid accounts that are cards, codes, or other devices capable of being loaded with funds and usable at unaffiliated merchants or for person-to-person transfers, and are not gift cards (or certain other related types of cards). The proposal would modify Regulation E to establish disclosure requirements specific to prepaid accounts that would require financial institutions to provide certain disclosures to consumers prior to and after the acquisition of a prepaid account. The proposal would also include an option for an alternative to Regulation E&apos;s periodic statement requirement that would permit prepaid product providers to make available to consumers certain methods for access to account information in lieu of sending periodic statements. Additionally, the proposal would apply Regulation E&apos;s limited liability and error resolution provisions to prepaid accounts, with certain modifications, including applying these provisions after account registration. Moreover, the proposal would require prepaid account issuers to provide the Bureau with terms and conditions for prepaid accounts, which it would post on a Web site maintained by the Bureau. Relatedly, issuers would also be required to post the terms and conditions on their own Web sites or make them available upon request. Finally, the proposal would also contain amendments to Regulations Z and E to regulate prepaid accounts with overdraft services or credit features. Among other things, prepaid cards that access overdraft services or credit features for a fee would generally be credit cards subject to Regulation Z and its credit card rules. Moreover, the proposal would require that consumers consent to overdraft services or credit features and give them at least 21 days to repay the debt incurred in connection with using such services or features. Further, Regulation E would be amended to include disclosures about overdraft services or credit features that could be linked to prepaid accounts. The compulsory use provision under Regulation E would also be amended so that prepaid account issuers would be prohibited from requiring consumers to set up preauthorized electronic fund transfers to repay credit extended through an overdraft service or credit feature.
2014-12-15; vol. 79 # 240 - Monday, December 15, 201479 FR 74176 - Amendments to the 2013 Mortgage Rules under the Real Estate Settlement Procedures Act (Regulation X) and the Truth in Lending Act (Regulation Z)
typeregulations.gov FR Doc.2014-28167 RIN3170-AA49 Docket No.CFPB-2014-0033 BUREAU OF CONSUMER FINANCIAL PROTECTION Proposed rule with request for comment. Comments must be received on or before March 16, 2015. 12 CFR Parts 1024 and 1026 SummaryThe Bureau of Consumer Financial Protection (Bureau) is proposing amendments to certain mortgage servicing rules issued in 2013. These proposed amendments focus primarily on clarifying, revising, or amending provisions regarding force-placed insurance notices, policies and procedures, early intervention, and loss mitigation requirements under Regulation X&apos;s servicing provisions; and periodic statement requirements under Regulation Z&apos;s servicing provisions. The proposed amendments also address proper compliance regarding certain servicing requirements when a consumer is a potential or confirmed successor in interest, is in bankruptcy, or sends a cease communication request under the Fair Debt Collection Practices Act. The proposed rule makes technical corrections to several provisions of Regulations X and Z. The Bureau requests public comment on these changes.
2014-10-29; vol. 79 # 209 - Wednesday, October 29, 201479 FR 64336 - Amendments to the 2013 Integrated Mortgage Disclosures Rule Under the Real Estate Settlement Procedures Act (Regulation X) and Truth In Lending Act (Regulation Z) and the 2013 Loan Originator Rule Under the Truth in Lending Act (Regulation Z)