The Consumer Financial Protection Bureau (CFPB) recently proposed two changes to its mortgage rules that would "help certain nonprofit organizations continue to provide mortgage credit and servicing to underserved populations." The proposal identifies the limited circumstances wherein lenders that exceed the points and fees cap "can refund the excess amount to consumers and still have the loan be considered a Qualified Mortgage" (See our Jan 22, 2014, blog post for more information). To this end, the proposal clearly defines nonprofit small servicers and establishes the nonprofit Ability-to-Repay exemption amendment. For more, read the full news release.