The CFPB has issued a notice announcing that it has made revisions to the following three mortgage-related consumer publications: “What You Should Know About Home Equity Lines of Credit,”  “Consumer Handbook on Adjustable-Rate Mortgages, and “Shopping for Your Home Loan, Settlement Cost Booklet.”  

The notice indicates that the revisions consist of technical and conforming changes to reflect Dodd-Frank’s transfer of authority from the Fed or HUD for the publications to the CFPB  and provisions of the CFPB’s new mortgage rules that became effective this past Friday.  For example, in the Settlement Cost Booklet, the CFPB has added information about servicers’ obligations under the new mortgage servicing rule.