The Consumer Financial Protection Bureau ("CFPB") updated the agency's rulemaking agenda for Spring 2017. The agenda is available on the Office of Management and Budget website.
In a blog post, the CFPB noted various initiatives which involve rulemaking actions at the pre-rule, proposed rule, final rule, long-term and completed stages. The rulemaking initiatives include:
- providing guidance on federal disclosures related to mortgage lending,
- facilitating the development of measures that would improve mortgage data collecting and reporting,
- considering adjustments to the mortgage servicing rule;
- evaluating opportunities and implementing rules that will support "fair lending to small businesses";
- building on efforts to promote consumer protection, including the recently adopted Arbitration Rule (see previous coverage);
- addressing concerns related to payday loans, auto title loans debt collection, and overdraft fees for checking accounts;
- supporting transition efforts for the implementation of a recent prepaid account rulemaking (see previous coverage); and
- modernizing and streamlining various other regulations.
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