Are you on the CFPB's list?
The Consumer Finance Protection Bureau (CFPB), established by Dodd-Frank, has announced its 2016 Rulemaking Agenda. The CFPB is a multi-faceted entity, having been given rule-making, supervisory, reporting, and enforcement authority that has so far appeared to be broad in scope.
You can get the full text of the 2016 agenda here. In brief, here are the primary areas of interest:
The Bureau also referred to its longer term rule-making agenda, which was last updated in the fall of 2015, and includes an ongoing inquiry regarding credit reporting and its impact on the availability of credit, access to checking accounts, employment, and housing. Student loan servicers are also under the Bureau’s microscope, as it continues to monitor practices and evaluate potential rules.
 Dodd-Frank Wall Street Reform and Consumer Protection Act
Leave a Reply.