The Bureau of Consumer Financial Protection (Bureau) appointed new experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory Council, and Credit Union Advisory … more BCFP Announces New Advisory Committee Members
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NRMLA Participates in Bureau Roundtable
Representatives from NRMLA participated in a recent roundtable hosted by the Bureau of Consumer Financial Protection to gather feedback on 12 Requests for Information (RFIs) issued by the … more NRMLA Participates in Bureau Roundtable
BCFP Announces New Office of Innovation Director
Bureau of Consumer Financial Protection Acting Director Mick Mulvaney selected Paul Watkins to lead the Bureau’s new Office of Innovation. Acting Director Mulvaney recently created the Office of … more BCFP Announces New Office of Innovation Director
NRMLA Suggests Ways to Improve BCFP Complaint Process
The Bureau of Consumer Financial Protection can streamline its consumer complaint process by distinguishing questions from legitimate complaints and allowing financial services companies to provide expedited responses in … more NRMLA Suggests Ways to Improve BCFP Complaint Process
NRMLA Comments on BFCP Consumer Education Initiatives
The Bureau of Consumer Financial Protection should provide consumers with more information about retirement planning and the role of home equity in funding longevity, but it should first … more NRMLA Comments on BFCP Consumer Education Initiatives
NRMLA Comments on BCFP Guidance and Implementation Support
Financial institutions should not be considered out of compliance if they choose not to follow informal (non-rule) guidance published by the Bureau of Consumer Financial Protection, according to … more NRMLA Comments on BCFP Guidance and Implementation Support
NRMLA Seeks Changes to LO Compensation and Disclosure Rules
The Bureau of Consumer Financial Protection should revise its outdated loan originator compensation rule to make clear that compensation may vary depending on the product being sold as … more NRMLA Seeks Changes to LO Compensation and Disclosure Rules
NRMLA Comments on CFPB Consumer Complaint Reporting
In a comment letter submitted to the Consumer Financial Protection Bureau this week, NRMLA questioned the Bureau’s legal authority to publish un-redacted consumer complaints on its web site and further … more NRMLA Comments on CFPB Consumer Complaint Reporting
CFPB Seeks Public Input on New and Existing Rules
The Consumer Financial Protection Bureau this week issued a new Request for Information (RFI) that seeks public input on whether the Bureau should amend previously published rules or … more CFPB Seeks Public Input on New and Existing Rules
CFPB Seeks Public Input on Rulemaking Processes
The Consumer Financial Protection Bureau issued a new Request for Information (RFI) this week to solicit public feedback on its rulemaking processes. The CFPB will accept comments once … more CFPB Seeks Public Input on Rulemaking Processes