CFPB Regulatory Agenda

The CFPB has released its semiannual regulatory agenda, setting goals for the agency to be met through October 2012. The CFPB has a number of rulemaking deadlines to be met mandated by the Dodd-Frank Act. The agency will focus on:

• Finalizing rulemaking regarding regulations governing international money transfers under the Electronic Fund Transfer Act.
• Forming an initial rule determining which nondepository institutions are subject to the CFPB’s supervision authority as “larger participant[s]” of “other markets” for consumer financial products and services.
• Consolidating mortgage loan disclosures and related rules under the Truth in Lending Act and Real Estate Settlement Procedures Act. 
• Develop regulations defining lenders’ obligations to assess borrowers’ ability to repay mortgage loans, including certain protections from liability for “qualified mortgages.”

See the CFPB’s detailed agenda.
Read the CFPB Statement of Regulatory Priorities.