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 What's New

 

Bureau Updates Rulemaking Agenda for Fall 2018​ (10/19/18) The Bureau of Consumer Financial Protection updated its rulemaking agenda for the remainder of 2018. Significantly, the Bureau moved its rulemaking on small business lending data collection to its “long-term actions” list, which also includes plans for a rulemaking to define abusive acts and practices and a rulemaking regarding consumer access to financial records. In the nearer term, the Bureau projected that a proposed rule on small dollar lending will be issued in January and that a proposed rule to update the Fair Debt Collection Practices Act will be published in March.

Free ABA Member Webinar: How to Get Ahead of Your HMDA Data  (10/18/18) With the reporting of the expanded HMDA data less than six months away, banks must devote serious attention to understanding and explaining their data. The dramatic increase in the publicly available HMDA data will significantly change how your bank's mortgage lending is analyzed and will impact your regulatory, litigation, and reputational risk exposure. In preparation for these changes, ABA will host a free webinar on October 31 at 12:00 p.m. — 1:00 p.m. EDT to update members on regulatory developments and introduce an ABA program to assist members with their HMDA analysis. ABA members must login to register.

 

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 CFPB RFIs

 
 
See the Bureau's series of Requests for Information (RFIs) seeking comment on its enforcement, supervisory, rulemaking, market monitoring, and educational activities.
 

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