As talk of potential legislative action to reform the Consumer Financial Protection Bureau (CFPB) persists in Congress, financial trade associations have put forth their own list of recommendations for improving the bureau and its rule and regulations.
A recent letter from Consumer Bankers Association President and CEO Richard Hunt and a whitepaper released by the Mortgage Bankers Association detailed numerous suggestions for such changes.
Find out specifics about what the trades have recommended and where there is overlap in those suggestions.