Qualified Mortgage Definition Under the Truth in Lending Act (Regulation Z): Seasoned QM Loan Definition; Correction

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Bureau of Consumer Financial Protection 12 CFR Part 1026 [Docket No. CFPB-2020-0028] RIN 3170-AA98 AGENCY: Bureau of Consumer Financial Protection. ACTION: Final rule; correction. SUMMARY: The Bureau of Consumer Financial Protection (Bureau) recently published “Qualified Mortgage Definition Under the Truth in Lending Act (Regulation Z): Seasoned QM Loan Definition,” which appeared in the Federal Register on December 29, 2020. This document corrects a scrivener's error in an amendatory instruction in that document. DATES: Effective March 1, 2021. FOR FURTHER INFORMATION CONTACT: Amanda Quester, Senior Counsel, Office of Regulations, at (202) 435-7700. If you require this document in an alternative electronic format, please contact CFPB_Accessibility@cfpb.gov . SUPPLEMENTARY INFORMATION: In FR Doc. 2020-27571 appearing on page 86402 in the Federal Register of Tuesday, December 29, 2020, the following correction is made: § 1026.43 [Corrected] On page 86452, in the second column, in amendment 2, the instruction “Amend § 1026.43 by revising paragraphs (e)(1) and (e)(2) introductory text and adding paragraph (e)(7) to read as follows: ” is corrected to read: “Amend § 1026.43 by revising the headings for paragraphs (e) and (e)(1) and paragraphs (e)(1)(i) and (e)(2) introductory text and adding paragraph (e)(7) to read as follows:”. Dated: January 15, 2021. Grace Feola, Federal Register Liaison, Bureau of Consume…