The CFPB adopted an interim final rule to facilitate the transition from LIBOR and reflect the enactment of the Adjustable Interest Rate (LIBOR) Act and related Federal Reserve Board actions.
In a review panel, the CFPB outlined its options to ensure that computer models used to help determine home valuations are accurate and fair.
The CFPB published in the Federal Register its request for comment on Regulation C, which implements the Home Mortgage Disclosure Act. Comments must be received by January 21, 2022.
The CFPB requested input on the effectiveness of the rules that implement the Home Mortgage Disclosure Act in order to maintain a "fair, competitive, and non-discriminatory mortgage market."