The Credit Union National Association (CUNA) sent another comment letter to the Consumer Financial Protection Bureau (CFPB) asking the agency to provide a broader international remittance transfer exemption level and additional compliance relief for credit unions.
This week the Consumer Financial Protection Bureau (CFPB) officially announced in a blog post that it is delaying the effective date of its international remittance transfer rule that was set to go into effect on February 7, 2013. The new effective date will be announced “later this year” and th
The Consumer Financial Protection Bureau (CFPB) has finalized the qualified mortgages (QM) regulations, also known as the "ability-to-repay" mortgage rule. The rules are posted to the bureau's website and now may be considered "issued."
Over both 2011 and 2012, the Federal Reserve Board (Fed) and the Consumer Financial Protection Bureau (CFPB) have proposed many regulations covering the mortgage industry, but none have yet been finalized.