Change is on the horizon for 2016. The Consumer Financial Protection Bureau’s (CFPB) rulemaking agenda is continually packed with new requirements and procedures—from the HMDA Plus final rule and the implementation of TILA/RESPA Integrated Disclosures Rule to establishing minimum requirements for Appraisal Management Companies, and to the introduction of the amendments relating to Small Creditors and Rural or Underserved Areas under the Truth in Lending Act (Regulation Z).
The Bureau continues to focus on these areas:
Student loan servicing
Women-owned, minority-owned, and small business
As you advise your clients on the rules and regulations (such as the FDCPA, TILA, ECOA, and RESPA) this year and beyond, there is one new resource that will assist you in keeping up-to-date with the changes—the Consumer Financial Protection Bureau Reporter. With practice commentary and analysis, the Reporter is a single resource with comprehensive coverage of Bureau activities to help legal practitioners and their corporate clients navigate this complex, evolving environment