In today’s issue of the Federal Register (Vol. 77 No. 158), the Bureau of Consumer Financial Protection (CFPB) officially published the proposed rule “High-Cost Mortgage and Homeownership Counseling Amendments to the Truth in Lending Act (Regulation Z) and Homeownership Counseling Amendments to the Real Estate Settlement Procedures Act (Regulation X)” that was the subject of its July 9, 2012 press release. This proposed rule has a comment period that ends on September 7, 2012. You may submit comments, identified by Docket No. CFPB-2012-0029 or RIN 3170-AA12, by any of the following methods: • Electronic: Follow the instructions for submitting comments. • Mail/Hand Delivery/Courier in Lieu of Mail: Monica Jackson, Office of the Executive Secretary, Bureau of Consumer Financial Protection, 1700 G Street NW., Washington, DC 20552.

Complete Memorandum