Consumer Financial Protection Bureau Issues Notice of Proposed Rulemaking on Remittance Rule

The Consumer Financial Protection Bureau (Bureau) issued a Notice of Proposed Rulemaking (NPRM) relating to the Remittance Rule (Rule).

The Consumer Financial Protection Bureau (Bureau) issued a Notice of Proposed Rulemaking (NPRM) relating to the Remittance Rule (Rule).

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-notice-proposed-rulemaking-remittance-rule/

Director Kraninger's Speech at CFPB Symposium on Section 1071 of the Dodd-Frank Act

Good morning. I am excited to welcome everyone to today’s symposium on Section 1071 of the Dodd-Frank Act.  

Good morning. I am excited to welcome everyone to today’s symposium on Section 1071 of the Dodd-Frank Act.  

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/director-kraningers-speech-cfpb-symposium-section-1071/

Agencies Announce Threshold for Smaller Loan Exemption from Appraisal Requirements for Higher-Priced Mortgage Loans

The Consumer Financial Protection Bureau, Federal Reserve Board, and Office of the Comptroller of the Currency today announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2020 will …

The Consumer Financial Protection Bureau, Federal Reserve Board, and Office of the Comptroller of the Currency today announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2020 will increase from $26,700 to $27,200.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/agencies-announce-threshold-smaller-loan-exemption-appraisal-requirements-higher-priced-mortgage-loans-2019/

CFPB to Host Symposium on November 6

The Consumer Financial Protection Bureau (Bureau) announced today that it will hold a symposium on Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) on November 6, 2019 at 9:30 a.m. 

The Consumer Financial Protection Bureau (Bureau) announced today that it will hold a symposium on Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) on November 6, 2019 at 9:30 a.m. 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-host-symposium-november-6/

Consumer Financial Protection Bureau Issues Final HMDA Rule to Provide Relief to Smaller Institutions

The Consumer Financial Protection Bureau (Bureau) today issued a rule which finalizes certain aspects of its May 2019 Notice of Proposed Rulemaking under the Home Mortgage Disclosure Act (HMDA). 

The Consumer Financial Protection Bureau (Bureau) today issued a rule which finalizes certain aspects of its May 2019 Notice of Proposed Rulemaking under the Home Mortgage Disclosure Act (HMDA). 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-issues-final-hmda-rule-provide-relief-smaller-institutions/

Director Kraninger's Speech at CFPB Symposium on Behavioral Economics

Good morning. I am excited to welcome everyone to today’s symposium on “Behavioral Economics and Consumer Financial Services Policy.” 

Good morning. I am excited to welcome everyone to today’s symposium on “Behavioral Economics and Consumer Financial Services Policy.” 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/director-kraningers-speech-cfpb-symposium-behavioral-economics/

Deputy Director Johnson's Speech at CFPB Symposium on Behavioral Economics

Good afternoon. Thank you all for coming today. Today’s symposium is part of a broader effort on the part of the Bureau to engage experts in various fields on legal and policy issues. An important motivation for the symposia series is to give these leg…

Good afternoon. Thank you all for coming today. Today’s symposium is part of a broader effort on the part of the Bureau to engage experts in various fields on legal and policy issues. An important motivation for the symposia series is to give these legal and policy issues a fresh look, and that is precisely what we are doing and will do.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/deputy-director-johnsons-speech-cfpb-symposium-behavioral-economics/

CFPB to Host Symposium on September 19

The Consumer Financial Protection Bureau (Bureau) announced today that it will hold a symposium on behavioral law and economics on September 19 at 9 a.m. entitled Behavioral Economics and Consumer Financial Services Policy. The event will be webcast on…

The Consumer Financial Protection Bureau (Bureau) announced today that it will hold a symposium on behavioral law and economics on September 19 at 9 a.m. entitled Behavioral Economics and Consumer Financial Services Policy. The event will be webcast on the Bureau’s website. 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-host-symposium-september-19/

CFPB Extends Comment Period for Debt Collection Proposal

The Consumer Financial Protection Bureau (Bureau) announced today that it is extending the comment period on its Notice of Proposed Rulemaking (NPRM) implementing the Fair Debt Collection Practices Act (FDCPA). The comment period will be extended from …

The Consumer Financial Protection Bureau (Bureau) announced today that it is extending the comment period on its Notice of Proposed Rulemaking (NPRM) implementing the Fair Debt Collection Practices Act (FDCPA). The comment period will be extended from August 19, 2019, to September 18, 2019. 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/bureau-extends-comment-period-debt-collection-proposal/

Agencies Issue Final Amendments to Regulation CC Regarding Funds Availability

The Consumer Financial Protection Bureau and the Federal Reserve Board today jointly published amendments to Regulation CC that implement a statutory requirement to adjust for inflation the amount of funds depository institutions must make available to…

The Consumer Financial Protection Bureau and the Federal Reserve Board today jointly published amendments to Regulation CC that implement a statutory requirement to adjust for inflation the amount of funds depository institutions must make available to their customers. 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/agencies-issue-final-amendments-regulation-cc-regarding-funds-availability/