Comment on CFPB-2013-0018-0001

Document ID: CFPB-2013-0018-0005
Document Type: Public Submission
Agency: Consumer Financial Protection Bureau
Received Date: July 03 2013, at 12:00 AM Eastern Daylight Time
Date Posted: July 8 2013, at 12:00 AM Eastern Standard Time
Comment Start Date: July 2 2013, at 12:00 AM Eastern Standard Time
Comment Due Date: July 22 2013, at 11:59 PM Eastern Standard Time
Tracking Number: 1jx-8697-vsqe
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This is comment on Proposed Rule

2013 Mortgage Rules under the Equal Credit Opportunity Act, Real Estate Settlement Procedures Act, and the Truth in Lending Act

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I am a "rural" bank and as such no longer escrow for 1st lien covered transactions in order to qualify for regulatory exemptions. I have several borrower's who are no happy with the fact that I no longer will escrow. You have taken away their option/right to have this service available to them. Escrow should be available, but not required, to all borrowers if they wish it, not just the distressed borrowers.

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Comment on CFPB-2013-0018-0001
Public Submission Posted: 07/08/2013 ID: CFPB-2013-0018-0005