Thursday, 19 May 2016

CFPB Sets Timetable to Supervise Overdraft, Debt Collection

The agency posted its semiannual rulemaking agenda on a blog late Wednesday updating the next steps it will take on several areas of rulemaking. The CFPB expects to issue rules for prepaid reloadable cards, mortgage servicing and mortgage disclosures this summer but set no specific deadlines yet on overdraft and debt collection.

source http://www.americanbanker.com/news/national-regional/cfpb-sets-timetable-to-supervise-overdraft-debt-collection-1081088-1.html

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