The Consumer Financial Protection Bureau today released lists of rural counties and rural or underserved counties to use in 2016 in conjunction with the bureau’s Ability-to-Repay, escrow, HOEPA and appraisal rules. Rural counties were generally defined by using a U.S. Department of Agriculture classification system and underserved counties were defined by data collected under the Home Mortgage Disclosure Act, the CFPB said.
FinCEN issues limited relief from Minnesota geographic targeting order
FinCEN provided tailored exemptive relief for banks related to a geographic targeting order imposing reporting requirements on financial institutions in Hennepin and Ramsey counties in Minnesota.









