On January 10, the CFPB issued final rules that: (i) amend HOEPA to provide protections relating to risky loan features, such as prepayment penalties and to require homeownership counseling and (ii) require escrow accounts to be established for a minimum of 5 years for certain higher-priced mortgage loans, effective June 1.  CFPB Release.  CFPB Final HOEPA Rule.  CFPB Guide on HOEPA Rule.  CFPB Final Escrow Rule.  CFPB Guide on Escrow Rule.