On May 29, 2013 the Consumer Financial Protection Bureau (CFPB) published a final2 rule that amends Regulation Z to delay the June 1, 2013 effective date of a prohibition on creditors financing credit insurance premiums in connection with certain consumer credit transactions secured by a dwelling. The CFPB is delaying the effective date until January 10, 2014, to permit the Bureau to clarify, before the provision takes effect, its applicability to transactions other than those in which a lump-sum premium is added to the loan amount at closing.
The final2 rule is available here.
2 – While this appears to be a footnote it is actually indicating final squared. Microsoft Word does not like “final final,” it shows up as a grammatical error. So instead we now refer to final final as final2.