We’ve
finalized a rule to delay the general effective date of the prepaid accounts
rule by six months, to April 1, 2018
The improvements to our policy will help ensure that
our rulemaking process continues to be open and fair and allows for candid
input from state entities
We
are seeking comment on our proposal to clarify, make technical corrections, and
minor changes to the data that financial institutions are required to collect
and report about their mortgage lending, which will improve the quality of
mortgage data available to the public
We
are seeking comment on our proposal to increase flexibility for mortgage
lenders in collecting certain information
We have released a plan to assess the effectiveness of the remittance rule and are asking the public for comments and information that would help the assessment
We
are seeking comment on a proposal to delay the effective date of the prepaid
accounts rule by six months
Prepaid cards can look and act like other types
of cards, but they haven’t always had the same protections
Today we finalized new changes to our mortgage
servicing rules
In the past five years, we have written rules,
enforced laws and, supervised banks and other financial companies, while at the
same time creating resources to educate and engage you to make informed choices
with your finances
New data shows payday and similar loans lead to consumers trapped in debt and our proposed rule aims to help those consumers
