08/04/17 – The House of Representatives voted to overturn the Consumer Financial Protection Bureau’s (CFPB) new arbitration regulation.
Category: Legislative Updates
The Trump administration agreed to proceed forward with the Bilateral Covered Agreement (“Covered Agreement”) between the U.S. and the European Union (“EU”).
07/11/17 – The CFPB finalized updates to its “Know Before You Owe” mortgage disclosure rule with amendments that are intended to formalize guidance in the rule, and provide greater clarity and certainty.
06/20/17 – On June 8th, the U.S. House of Representatives passed the Financial CHOICE Act (CHOICE Act), a Republican bill to reform the Dodd-Frank Act.
05/31/17 – The CFPB has released a plan to assess the effectiveness of the Ability-to-Repay/Qualified Mortgage rule (ATR/QM rule) and is seeking public comment.