Rulemaking


The Consumer Bureau is proposing changes to Regulation B to help mortgage lenders and is looking for your feedback

We
are seeking comment on our proposal to increase flexibility for mortgage
lenders in collecting certain information.

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/consumer-bureau-proposing-changes-regulation-b-help-mortgage-lenders-and-looking-your-feedback/ Author:

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We’ve issued a new rule to help protect consumers using prepaid accounts

Prepaid cards can look and act like other types
of cards, but they haven’t always had the same protections. Our new rule will help
make prepaid cards and other prepaid accounts safer to use.

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/weve-issued-new-rule-help-protect-consumers-using-prepaid-accounts/ Author:

Read more here.


We’ve updated our mortgage servicing rules to provide greater protections for mortgage borrowers and other homeowners

Today we finalized new changes to our mortgage
servicing rules. These updates ensure that mortgage servicers treat homeowners
and struggling borrowers fairly.  They
also provide
servicers with greater clarity about how to comply with the rules.

This post was originally published on the Consumer Finance Protection Bureau's blog. Link: http://www.consumerfinance.gov/about-us/blog/weve-updated-our-mortgage-servicing-rules-provide-greater-protections-mortgage-borrowers-and-other-homeowners/ Author: Laura Johnson

Read more here.