Links in “CFPB”
- Amendment Clarifies Shift of Regulatory Authority for Privacy and SAFE Act from NCUA to CFPB
Technical amendments clarify that NCUA's regulations will include cross references to CFPB's regulation. [5/24]
- If the Supreme Court Rules Against a Recess Appointment by the NLRB, It Could Have a Huge Impact on Banking
Could everything that the CFPB has done since the recess appointment of Richard Cordray be invalid? [5/24]
- CFPB Goes Final on HPML, The Gap & Rural Escrow Rules
You begin to wonder what Super RESPA/TILA is going to require when three basic elements of TILA require dozens of FR pages. [5/23]
- CFPB Listens to EFTA/Remittance Concerns in Final Rule
A small sigh of relief as sanity prevails and CFPB calms the remittance rule requirements for fee and tax disclosures. [5/23]
- CFPB Goes Hollywood
CFPB launches 7 videos on YouTube, ranging from a couple of minutes to over an hour in length, providing a plain language overview of the new mortgage rules. [5/22]
- CFPB’s Radar Expands
The framework for coordinated efforts of the CFPB and state financial regulatory authorities significantly expands the reach of both organizations, but undoubtedly favoring CFPB's via state examinations of smaller depository institutions. [5/22]
- CFPB Clarifies Escrow Rule Definitions of “Rural” and “Underserved”
Efforts to clarify rules on borrowersâ ability to repay higher-priced mortgages for higher-priced loans continues. [5/20]
- CFPB Adds to Its Arsenal on RESPA
While the RESPA penalty may seem small, the reputation implication and impact to Benchmark Bank and others FIs could be considerable. [5/20]
- CFPB Unveils “CFPB en Español,” Spanish-language Site
Immigrant communities language barriers can make them "prime targets for exploitation," reports head of CFPB. [5/17]
- CFPB’s New Weapon to Battle Auto Loan Markups: Racial Discrimination
CFPB doesn't ban auto loan markups, but lays the groundwork for enforcement action against lenders on basis of higher markups for minorities. [5/16]
