CFPB Issues Final Rule on Extending the GSE Patch

October 20, 2020 Cristin Espinosa

The Consumer Financial Protection Bureau (Bureau) issued a final rule that will extend the Government-Sponsored Enterprise (GSE) Patch until the mandatory compliance date of a final rule amending the General Qualified Mortgage (QM) loan definition in Regulation Z. The GSE Patch had been slated to expire on Jan. 10, 2021. The CFPB announced that it ...

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