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CFBP Rulemaking Chart Available

Aug
27
CFBP Rulemaking Chart Available

Credit union representatives now have access to a chart  that highlights various rulemaking projects that are being undertaken by the Consumer Financial Protection Bureau (CFPB). The projects are required by the Dodd-Frank Act. The chart covers topics like Reg Z, Appraisals, Reg B and more. 

A CUNA username and password is required to access the chart. 

Posted By Sharon Bahr read more

Conversation with CFPB's Director Richard Cordray

Aug
20
Conversation with CFPB's Director Richard Cordray

Bill Cheney, president/CEO of Credit Union National Association (CUNA) discussed concerns about the Consumer Financial Protection Bureau’s (CFPB) pending remittances rule and qualified mortgage proposal with CFPB Director Richard Cordray.

Posted By Sharon Bahr read more

CFPB Request for Information on Reverse Mortgages and Report to Congress

Jul
06
CFPB Request for Information on Reverse Mortgages and Report to Congress

On June 28, the Consumer Financial Protection Bureau (CFPB) issued a request for information on reverse mortgages.  The agency also released a report to Congress regarding its research on reverse mortgages, as required by the Dodd-Frank Act.  The CFPB has rulemaking authority to implement federal consumer financial laws, including the Truth in Lending Act

Posted By Sharon Bahr read more
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