On May 29, the CFPB issued a final rule to delay the effective date of a prohibition on creditors financing credit insurance premiums in connection with certain mortgage transactions. That prohibition, which is part of part of the CFPB’s mortgage loan originator compensation rule, was set to take effect on June 1, 2013. The CFPB has temporarily delayed that effective date until January 10, 2014 – the date on which the balance of the mortgage loan originator rule will take effect – to allow the CFPB to clarify the applicability of the prohibition to transactions other than those in which a lump-sum premium is added to the loan amount at closing. The CFPB plans to seek comment on the potential clarification and, at that time, will also solicit comment on an appropriate effective date.