Today, the Consumer Financial Protection Bureau issued a rule that extends for two years the current temporary threshold for collecting and reporting data about open-end lines of credit … more CFPB Issues Final HMDA Rule
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NRMLA Comments On Proposed Changes to Debt Collection Law
Because there are fundamental differences between reverse mortgages and most other debt obligations, NRMLA would like to see them (and non-recourse debt obligations, generally) exempted from the Fair … more NRMLA Comments On Proposed Changes to Debt Collection Law
Senior Leadership Changes at CFPB and Ginnie Mae
Brian Johnson, acting deputy director of the Consumer Financial Protection Bureau since July 2018, was officially named to the position this week. Johnson joined the Bureau in December … more Senior Leadership Changes at CFPB and Ginnie Mae
CFPB to Review Impact of Its Regulations on Small Businesses
The Consumer Financial Protection Bureau published a notice this week of its intentions to periodically review regulations that it enforces and request public feedback on the impact they … more CFPB to Review Impact of Its Regulations on Small Businesses
CFPB Proposes Changes to HMDA Rules
The Consumer Financial Protection Bureau today issued a Notice of Proposed Rulemaking that would raise the coverage thresholds for collecting and reporting data about closed-end mortgage loans and … more CFPB Proposes Changes to HMDA Rules
CFPB Improves Civil Investigative Demand Policies
This week, the Consumer Financial Protection Bureau (Bureau) updated its policies regarding Civil Investigative Demands (CIDs) by ensuring they provide more detailed information about the potentially wrongful conduct … more CFPB Improves Civil Investigative Demand Policies
CFPB Director Promises Transparent Rulemaking In Speech
In one of her first public speeches since being confirmed as the new director of the Consumer Financial Protection Bureau, Kathleen Kraninger outlined a vision for the Bureau … more CFPB Director Promises Transparent Rulemaking In Speech
Important Message for HMDA Reporters
The Bureau of Consumer Financial Protection has asked NRMLA to remind our members who submit Home Mortgage Disclosure Act (HMDA) data that they must obtain a Legal Entity … more Important Message for HMDA Reporters
BCFP “Call For Evidence” Initiative Generates 86,000 Public Comments
In a blog published this week, Kelly Cochran, assistant director for Regulations at the Bureau of Consumer Financial Protection (BCFP), said the Bureau is reviewing more than 86,000 public … more BCFP “Call For Evidence” Initiative Generates 86,000 Public Comments
BCFP Announces New Advisory Committee Members
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