New regs for Tuesday: Consumer bureau pushing mortgage disclosure

Regulations on new mortgage forms, energy efficient appliances and Spanish fruit are all in the works for the New Year’s Eve edition of the Federal Register.

Here’s a look at what’s coming up:


The Consumer Financial Protection Bureau is publishing a 1,880-page regulation outlining requirements for mortgage loans.

The “know before you owe” mortgage lending forms should make it easier for borrowers to understand what they’re getting themselves into, the bureau had said. The new disclosures were a requirement of the Dodd-Frank financial reform law.

According to the agency, the lengthy new regulation “provides extensive guidance regarding compliance with those requirements."


The Energy Department is making amendments to its rules for testing whether air conditioners, water heaters and refrigerators meet federal energy efficiency standards.

Additionally, the department is denying a request to reconsider a rule based on a new metric of calculating the economic impact of carbon pollution, called the social cost of carbon, and declaring that health products are covered under the federal law prescribing energy efficiency standards.

Regulators are also withdrawing a 2011 attempt to issue energy efficiency standards and testing procedures for television boxes, after a voluntary agreement was reached last week.


The Department of Education is publishing a requirement for a grant program that funds education for migrant students.


The U.S. Department of Agriculture (USDA) is allowing avocados and fresh apricots from Spain to be imported to the U.S.

The agency also wants to allow blueberries to be shipped into the country from Morocco and is reopening the comment period for a proposed change to regulations on imported plants.


Information collection work to accompany the USDA’s effort to write new rules for food sold in schools, crack down on fraud in the food stamp program and distribute food on Indian reservations has been approved by the White House’s Office of Management and Budget.


The National Marine Fisheries Services is allowing a population of protected Chinook salmon in California to be harmed or killed in some instances.


Temporary new regulations from the IRS give guidance on how to determine ownership of some complex company structures.

Draft measures from the tax agency would make those rules permanent and withdraw some other reporting requirements.


The Defense Department is changing its acquisition rules to account for recent trade deals.

Along with other agencies, the Pentagon is also publishing six other rules, compliance guides and other requirements for acquisition.


The Commerce Department is deleting a person from a federal list of people who may have an “increased risk” of dealing with weapons of mass destruction.