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CFPB publishes Fall 2020 rulemaking agenda

CFPB Monitor

The CFPB has published its Fall 2020 rulemaking agenda as part of the Fall 2020 Unified Agenda of Federal Regulatory and Deregulatory Actions. It represents the CFPB’s fourth rulemaking agenda under Director Kraninger’s leadership. The Bureau issued its final debt collection rule in October 2020.

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CFPB publishes Spring 2020 rulemaking agenda

CFPB Monitor

The CFPB has published its Spring 2020 rulemaking agenda as part of the Spring 2020 Unified Agenda of Federal Regulatory and Deregulatory Actions. It represents the CFPB’s third rulemaking agenda under Director Kraninger’s leadership. On July 14, 2020, from 12:00 p.m. Click here for more information and to register.).

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Finance Policy Predictions 2020: AML, Authentication, Collections & CRA

FICO

banking industry in the 2020. . The CFPB will issue its final debt collection rule in the fall of 2020. I predict we will see the final rule during the early portion of the 2020 NFL season. The FCC will issue updated interpretations of the Telephone Consumer Protection Act in 2020. I say Congress gets a deal done in 2020.

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PLI 25th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

The leadership and priorities of the CFPB, OCC, FDIC, and FTC have changed under the Trump Administration. The second panel will feature OCC and FDIC representatives. The Institute will also focus on a variety of other cutting-edge issues and developments, including: Privacy and data security issues.

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PLI 25th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

PLI’s 25th Annual Consumer Financial Services Institute will take place on December 7-8, 2020 by live webcast. The second panel will feature OCC and FDIC representatives. Data security and privacy issues. I am again co-chairing the event, as I have for the past 24 years. I will co-moderate both. TCPA developments.

FDIC 78
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Preparing for Section 1071

Abrigo

In February 2020, a settlement was reached, and by September 2021 the CFPB had issued the NPRM. This requirement may be burdensome for institutions that either don’t have the IT staff to set up the digital infrastructure for such a firewall or don’t have the resources to secure a third-party solution. Points of Note. Learn More.

Lending 195
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House Financial Services Committee Chairwoman Waters sends letter to President-elect Biden with recommended rule rescissions and other actions

CFPB Monitor

The CFPB, under new leadership, should be directed “to aggressively protect consumers by enforcing the law.”. The CFPB should rescind the July 2020 rule that rescinded the underwriting provisions in its 2017 rule on Payday, Vehicle Title, and Certain High-Cost Installment Loans (2017 Payday Rule) and reinstate the 2017 Payday Rule.