Although the past year-and-a-half have seen several changes to the Consumer Financial Protection Bureau’s policies and practices that have resonated positively with lenders and financial institutions of all business models, trade advocates still see room for improvement.
The Mortgage Bankers Association and the Consumer Bankers Association recently spelled out in writing a slew of recommended changes to the bureau’s rulemaking, enforcement and supervisory policies and practices.
Find out more details about what the banking industry’s largest trade organizations are recommending.