On May 16, CFPB rescinded 2021 final rule re borrower protections.
CFPB issued interim final rule to rescind Protections for borrowers affected by COVID-19 emergency under Real estate settlement procedures act, Regulation X, #109611.
Policy to streamline regulatory requirements to reduce burdens on American public.
The Bureau has determined that, in light of the end of the COVID-19 pandemic, these regulations needlessly complicate 12 CFR Part 1024 without commensurate benefits.
Effectiveness and Consultation
Effective on Jul. 15, 2025; comments must be received on or before Jun. 16, 2025.
Regulators
CFPB
Entity Types
Bank; CNSM; MG Orig; MSB; Servicer; Thrift
Reference
90 FR 20791, 5/16/2025; Docket No. CFPB-2025-0014; RIN 3170-AB42; Reg X; RESPA; COVID-19; Citation: 12 CFR Part 1024;
