Feb 12, 2021 | Federal Regulation, News
CFPB Looks to Delay Implementation of Qualified Mortgage, Debt Collection Rules The Consumer Financial Protection Bureau (CFPB) is considering delaying implementation dates for the recent debt collection and Qualified Mortgage (QM) rules that have not yet gone into...
Feb 10, 2021 | Federal Regulation, News
New Calif. Consumer Protection Agency Strikes Data Sharing Deal with Fintechs At the end of January, the California Department of Financial Protection and Innovation (DFPI) signed an agreement with five fintech companies to better evaluate the risks and benefits of...
Feb 5, 2021 | Federal Regulation, News
CFPB Acting Director Outlines Priorities Last week, Acting Consumer Financial Protection Bureau (CFPB) Director Dave Uejio sent a message to his staff—subsequently posted to the Bureau’s website—outlining his priorities for the agency. They include penalizing mortgage...
Feb 1, 2021 | Federal Regulation, News, Tribal Sovereignty
Biden Signs Memo Bolstering Tribal Consultation Last week, President Biden signed a Memorandum on Tribal Consultation and Strengthening Nation-to-Nation Relationships, reaffirming the policies announced in Executive Order 13175 and directing every federal agency to...
Jan 27, 2021 | Federal Regulation, News
Yellen Confirmed as Treasury Secretary Yesterday, the U.S. Senate confirmed Janet Yellen’s nomination by a vote of 84-15, making her the first woman Treasury secretary in the Department’s 232-year history. Yellen, one of Biden’s first Cabinet-level nominations, is an...
Jan 25, 2021 | Federal Regulation, News
OCC Finalizes Fair Access Rule As One of Final Moves Before Biden Administration Assumes Office As one of its last moves before the Biden administration assumed office, the Office of the Comptroller of the Currency (OCC) finalized a rule to ensure fair access to...