The CFPB recently released a second update to its exam procedures associated with the new mortgage regulations issued in January 2013, with the intent of providing guidance to financial institutions and mortgage companies on what the bureau will be eyeballing as the rules become effective. The updates cover the ability-to-repay rule and qualified mortgages, high-cost mortgages, and appraisals for higher-priced mortgage loans, as well as new amendments related to the escrow rule. With this latest iteration, the exam procedures now...