Headlines CFPB Issues Interim Final Rule to Support CDC Moratorium on Evictions FEMA Announces Changes to National Flood Insurance Program Pricing Proposed Rule Would Establish Mandatory Terms for Tax Allocation Agreements Other Developments: Paycheck Protection Program and Qualified Mortgages 1. CFPB Takes Steps to Avoid a Possible Wave of Home Mortgage Loan Foreclosures The CFPB has issued guidance to mortgage servicers, including banks that service mortgage loans for third-party noteholders, that the CFPB expects servicers to dedicate sufficient resources and staff to reduce avoidable foreclosures in coming months. According to the guidance issued on April 1, Compliance Bulletin 2021-02, the CFPB believes consumer home mortgage borrowers needing loss mitigation assistance as the COVID-19 foreclosure moratoriums and forbearances end will face heightened risks of foreclosure. The CFPB’s guidance urges mortgage servicers to dedicate resources and staff to ensure that they can effectively manage borrower requests for assistance, promote loss mitigation, and reduce avoidable foreclosures and foreclosure-related costs. According to the guidance, the CFPB intends to consider a mortgage servicer’s overall effectiveness at helping consumers manage loss mitigation in exercising its discretion to enforce federal consumer financial laws, including the Real Estate Settlement Procedures Act (RESPA). The CFPB also joined the federal banking agencies, the NCUA, and the Conference of State Bank Supervisors to issue a related