Acting Director Mulvaney has issued a “Call for Evidence Regarding Consumer Financial Protection Bureau Functions.” This signals that there could be a significant reorganization of the CFPB in terms of structure and action. The first RFI seeks input about the Bureau’s process for issuing Civil Investigative Demands (CIDs) during investigations.
Senate Banking Committee Chairman Crapo unveils a compromise regulatory relief proposal aimed at credit unions and smaller banks
This far-reaching proposal contains multiple facets impacting both residential mortgage loans and member business loans.
FHFA Issues Request for Input to Improve Access to Credit for Qualified Mortgage Borrowers with Limited English Proficiency
Summary: This bill amends the Congressional Budget Act of 1974 to prohibits Congress from including increases to Guarantee Fees (G-fees) as offsets for federal budget and spending purposes.