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CFPB Issues Final Rule on HMDA Thresholds
The Consumer Financial Protection Bureau issued a final rule today raising the loan-volume coverage thresholds for financial institutions that must report data under the Home Mortgage Reporting Act (HMDA). … more CFPB Issues Final Rule on HMDA Thresholds
CFPB Releases Policy Statement on Abusive Acts and Practices
The Consumer Financial Protection Bureau issued a policy statement regarding how it intends to apply the “abusiveness” standard in supervision and enforcement matters. To read the policy statement … more CFPB Releases Policy Statement on Abusive Acts and Practices
CFPB Names Members Of Taskforce on Federal Consumer Financial Law
The Consumer Financial Protection Bureau announced four members who will serve on the Taskforce on Federal Consumer Financial Law. Taskforce members will examine the existing legal and regulatory … more CFPB Names Members Of Taskforce on Federal Consumer Financial Law
CFPB Issues Final HMDA Rule
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
CFPB to Enhance Consumer Complaint Database
The Consumer Financial Protection Bureau announced that it will continue publishing consumer complaints, data fields and narrative descriptions through the Bureau’s Consumer Complaint Database while making several enhancements. … more CFPB to Enhance Consumer Complaint Database
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