CFPB Signals Possible Delays Regarding Qualified Mortgage and Debt Collection Rules
By EsqSocial Corporation 08/02/21
The Consumer Financial Protection Bureau (CFPB) signaled Thursday that it may seek to delay implementation of the agency’s recently completed qualified mortgage and debt collection rules. Although the qualified mortgage rule is set to become effective on March 1, 2021 (and the debt collection rule on November 20, 2021), delaying either could lead to a reopening of those rulemakings once President Joe Biden’s permanent appointee is in place....
By: Troutman Pepper