In the March 31, 2016, issue of the Federal Register (81 FR 18456, click here) the Rural Housing Service (RHS) published a correction withdrawing the final rule published in the March 29, 2016, issue of the Federal Register (81 FR 17361) that amended its Single Family Housing Guaranteed Loan Program regulations in 7 CFR Part 3555 relating to RHS qualified mortgages under §1026.43(e) of Regulation Z, lender indemnification, and refinancing provisions. The correction published by RHS in the March 31, 2016, issue of the Federal Register states that the final rule “was inadvertently published and is withdrawn from that issue [the March 29, 2016 issue of the Federal Register].” Due to the RHS’ withdrawal of the final rule, we are removing our March 31, 2016 memorandum on the final rule.

Complete Memorandum