The Bureau of Consumer Financial Protection should revise its outdated loan originator compensation rule to make clear that compensation may vary depending on the product being sold as … more NRMLA Seeks Changes to LO Compensation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
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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
CFPB Seeks Input on Consumer Complaint Reporting
The Consumer Financial Protection Bureau today issued a Request for Information (RFI) concerning the Bureau’s public reporting of consumer complaints. The Bureau is seeking comments and information from … more CFPB Seeks Input on Consumer Complaint Reporting
State Regulation: What Does the Next 10 Years Look Like?
In a recent blog post, John W. Ryan, president and CEO of the Conference of State Bank Supervisors, reflected on the 10-year anniversary of the Nationwide Multistate Licensing … more State Regulation: What Does the Next 10 Years Look Like?
CFPB Releases Strategic Plan
The Consumer Financial Protection Bureau this week released a five-year blueprint that establishes its mission, strategic goals and strategic objectives. The Bureau’s strategic plan includes three strategic goals: … more CFPB Releases Strategic Plan
CFPB Seeks Public Input On Its Policies and Practices
The Consumer Financial Protection Bureau said this week that it will be issuing a “call for evidence” in the coming weeks to ensure the Bureau is fulfilling its … more CFPB Seeks Public Input On Its Policies and Practices
CFPB Will Not Assess Penalties for 2018 HMDA Data Submissions
The Consumer Financial Protection Bureau announced today that it will not assess penalties with respect to errors in Home Mortgage Disclosure Act data collected in 2018 and reported in 2019, … more CFPB Will Not Assess Penalties for 2018 HMDA Data Submissions
NRMLA to CFPB: Guidance Doesn’t Go Far Enough to Protect Sensitive Data
In comments submitted to the Consumer Financial Protection Bureau, NRMLA requested that the consumer watchdog initiate formal public rulemaking that gives stakeholders the opportunity to adequately address consumer … more NRMLA to CFPB: Guidance Doesn’t Go Far Enough to Protect Sensitive Data