MBA Releases “The Roadmap to CFPB 2.0”

Mar 11, 2019

The Mortgage Bankers Association (MBA) has published “The Roadmap to CFPB 2.0,” a new paper that offers the trade group’s recommendations on strengthening the mission of the Consumer Financial Protection Bureau (CFPB).

The paper is based on the MBA’s responses to 12 requests for information (RFIs) that the CFPB issues in 2018 regarding its supervisory practices and how it regulates the financial services industry. The paper is a follow-up to the MBA’s 2017 publication “CFPB 2.0: Advancing Consumer Protection.”

“The Bureau has shown an admirable willingness to listen to stakeholder concerns about how it can improve both its own practices and the regulations it is tasked with enforcing,” said MBA President and CEO Bob Broeksmit. “The recommendations laid out in this roadmap will further strengthen CFPB’s policies and ensure that all consumers are treated fairly and equally and have access to the quality sustainable products they deserve.”

About the author

Phil Hall

Link copied

Published

Mar 11, 2019

Analysis and Data

NAR Releases List of 2025's Hottest Housing Markets

Alignment between between 2025 forecasts show rising inventory, improving affordability

‘Tis not only the holiday season, but also that time of year when practically everyone weighs in with what they think next year holds for the housing sector. On cue, now comes forth the latest forecast from the National Association of Realtors (NAR), the 1.5 million-membe...

People On The Move

Scott Throneberry Named EVP Of Guaranteed Rate Affinity

Throneberry will oversee regional presidents and focus on recruiting top-performing loan officers

Guaranteed Rate Affinity, LLC, mortgage lender and partner of Coldwell Banker, has appointed Scott Throneberry as Executive Vice President. Throneberry brings over 29 years of mortgage industry experience and has been with the company since its founding in 2017. In his ne...