Ballard Spahr Legal Alert: Uncertainty Remains Under CFPB's Proposed Changes to Prohibition on Financing Credit Insurance Premiums

The CFPB has proposed changes to the Regulation Z prohibition on financing credit insurance premiums (Section 1026.36(i)) [ enhanced version available to lexis.com subscribers ], as part of several new proposed amendments to the mortgage rules it adopted in January 2013. The prohibition was one of the...