Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.
The CFPB is amending certain mortgage rules issued by the
Bureau in 2013. This final rule revises the Bureau's regulatory
definitions of small creditor, and rural and underserved areas, for
purposes of certain special provisions and exemptions from various
requirements provided to certain small creditors under the
Bureau's mortgage rules.
Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
situations.
