The Consumer Financial Protection Bureau ("CFPB") updated the agency's rulemaking agenda for Spring 2017. The agenda is available on the Office of Management and Budget website.

In a blog post, the CFPB noted various initiatives which involve rulemaking actions at the pre-rule, proposed rule, final rule, long-term and completed stages. The rulemaking initiatives include:

  • providing guidance on federal disclosures related to mortgage lending,
  • facilitating the development of measures that would improve mortgage data collecting and reporting,
  • considering adjustments to the mortgage servicing rule;
  • evaluating opportunities and implementing rules that will support "fair lending to small businesses";
  • building on efforts to promote consumer protection, including the recently adopted Arbitration Rule (see previous coverage);
  • addressing concerns related to payday loans, auto title loans debt collection, and overdraft fees for checking accounts;
  • supporting transition efforts for the implementation of a recent prepaid account rulemaking (see previous coverage); and
  • modernizing and streamlining various other regulations.

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