CFPB Issues Additional Clarifications to Final Rules

``Last week the Consumer Financial Protection Bureau (CFPB) issued proposed clarifications to one of its 2013 Finals Rules, the one applying to servicer-held escrows. Today the Bureau issued an additional set of five proposed clarifications for public comment. These deal with rules issued in January regarding Qualified Mortgages (QM) and mortgage servicing. CFPB said the new proposals seek to address questions regarding the earlier rules because they believe they have "a responsibility not just to write a rule, but to see that it is implemented effectively." ''