The need for federal advocacy grows exponentially.
Trades ask CFPB to push TILA-RESPA to no earlier than Oct. 3, 2015, and, if possible, to Jan. 1, 2016.
WASHINGTON—Financial services hearing produces a mixed message on the effectiveness of Dodd-Frank.
Umholtz questions the reasoning behind disparate impact.
In a letter, CUNA asks the CFPB to push back the deadline to Jan. 1, 2016.
The auto lending growth momentum continues at credit unions, while the CFPB cracks down on non-bank auto finance companies.
The bureau's new rules could eventually level the playing field between banks and nonbanks.
Bureau must confirm that creditors making five or fewer mortgages per year are exempt, CUNA says.
Amendment would push the effective date to Oct. 1; CFPB cites an administrative error as a motive.
Trades say the CFPB's overdraft data request could result in unplanned costs to financial institutions.