On December 3, 2013, the Consumer Financial Protection Bureau
("CFPB") released its semi-annual update to its rulemaking agenda. The fall 2013 agenda covers
rulemaking that the CFPB is continuing to work that are mandated by
the Dodd-Frank Wall Street Reform and Consumer Protection Act
("Dodd-Frank Act") and that the Bureau has turned its
attention to issues in other major markets for consumer financial
products and services. The regulatory agenda provides banks and
nonbanks, and their service providers, a useful guide for
understanding the CFPB's rulemaking direction and related
priorities.
Mortgage Rulemakings Continue
In 2013 the CFPB continued work on several significant
rulemakings mandated by the Dodd-Frank Act, including rules and
other significant reforms concerning mortgage originations,
servicing, and most recently, the federal disclosures that
consumers receive shortly after application and shortly before
closing. In 2014, the rulemaking agenda indicates
