CFPB issues second rule to implement the HELP Act, expanding Qualified Mortgage coverage for lenders lending in rural and underserved areas

Wendy Tran and Richard J. Andreano, Jr. As we have addressed, Congress passed the Helping Expand Lending Practices in Rural Communities Act of 2015 (HELP Act) on December 4, 2015, in efforts to expand the designation of additional areas as being "rural" under Regulation Z of TILA.   The HELP Act was passed after the CFPB issued a final rule to expand the... More >...(read more)

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