Effective August 31, a new rule amending Regulation X aims to ensure eligible borrowers have a meaningful opportunity for loss mitigation after exiting mortgage forbearance programs
Archive for Policy and compliance – Page 6
Under the Regulatory Flexibility Act, Federal agencies must publish regulatory agendas twice a year
El CFPB planea desarrollar directrices para la atención a consumidores LEP o con Limitado Manejo del Inglés y para ello, está recibiendo comentarios públicos formales a través de su Solicitud de Información del año 2020 sobre la Ley de Oportunidad Equitativa al Crédito y Regulación B
The Bureau plans to develop guidance on serving consumers with limited English proficiency (LEP) and welcomes formal public comments through the Bureau’s 2020 Request for Information on the Equal Credit Opportunity Act and Regulation B
Better clarity regarding the treatment of MSAs under RESPA Section 8
The Consumer Financial Protection Bureau announced its first Tech Sprint to reduce regulatory burden and improve consumer understanding of financial services
The Bureau reminds creditors of the availability of the Special Purpose Credit Program (SPCP) provisions of Equal Credit Opportunity Act (ECOA) and Regulation B to help meet the credit needs of underserved communities
Spotlight on providing adverse action notices under the Equal Credit Opportunity Act and the Fair Credit Reporting Act when using artificial intelligence, including machine learning models
The semiannual update of our rulemaking agenda
The Bureau released FAQs for industry that will help ensure that consumers affected by COVID-19 receive the credit reporting protections required by the CARES Act amendments to the FCRA
