The CFPB will implement a plan over the next year that focuses on the mortgage industry’s compliance with new consumer protections that are slated to take effect in January 2014, including the new qualified mortgage/ability‐to‐repay rule and the mortgage servicing rules, the bureau announced recently. “Our plan is to work with the mortgage industry to ensure that the CFPB’s new rules are implemented accurately and expeditiously,” said CFPB Director Richard Cordray. “Both consumers and the industry will win when the new rules are...