On May 29, 2013, the Consumer Financial Protection Bureau (CFPB) issued a final rule to delay the June 1, 2013, effective date of the provision that prohibits creditors from financing credit insurance premiums in connection with certain consumer credit transactions secured by a dwelling. The prohibition was adopted under the Loan Originator Compensation Requirements Rule, which was issued on January 20, 2013. The CFPB is delaying the effective date until January 10, 2014, to permit the CFPB to clarify, before the provision takes effect, its applicability to transactions other than those in which a lump-sum premium is added to the loan amount at closing. The new effective date will be January 10, 2014, but the CFPB will solicit comment on the appropriate effective date as it simultaneously seeks comment on clarifications.