The Consumer Financial Protection Bureau issued its proposed rulemaking regarding short-term and longer-term payday, auto title and certain installment loans. Review the 1,333-page proposed rule here.

The Consumer Financial Protection Bureau has decided to begin the rulemaking process for regulating arbitration, releasing an outline of its proposal at a field hearing in Denver, Colo. The proposal seeks to eliminate class-action waivers in arbitration clauses as well as require companies to submit arbitration disputes and resolutions to the bureau for further monitoring. Read the proposal here.

The Consumer Financial Protection Bureau proposed several important amendments to its servicing rules. The amendments, unveiled Nov. 20, seek to enhance protections for successors in interest and also focus on issues pertaining to force placed insurance, early intervention, loss mitigation, servicing transfers, the small servicer definition and other areas. Read on for an overview of the proposal.

The Consumer Financial Protection Bureau proposed some minor changes to its new mortgage disclosure rules that take effect in August. Among other things, the proposal would relax the timing requirement for revised disclosures when the consumer locks a rate. Read on to learn about the proposal.

The Federal Housing Finance Agency proposed a rule that would revise the requirements for financial institutions to apply for and retain membership in one of the 12 Federal Home Loan Banks. The proposed rule would revise FHFA’s existing bank membership regulation to ensure that members maintain a commitment to housing finance and that only eligible entities can gain access to bank advances and the benefits of membership, the agency said. 

The Federal Housing Finance Agency proposed a rule that would update housing goals for government-sponsored enterprises Fannie Mae and Freddie Mac for 2015 through 2017.  The Housing and Economic Recovery Act of 2008 requires FHFA to establish annual housing goals for both GSEs, and FHFA’s current housing goals rule is effective through the end of this year. 

Five federal agencies re-proposed a rule to establish margin requirements for swaps entities as required by the Dodd-Frank Act. The re-proposal responds to industry feedback on a previous proposal, as well as international standards finalized last year.

Federal banking and credit union regulators are repealing rules that define acts or practices that are unfair or deceptive. The repeal is a consequence of Dodd-Frank, and regulators issued guidance clarifying that they still have supervisory and enforcement authority regarding unfair or deceptive acts or practices, notwithstanding the repeal of the regulations.

The Federal Housing Finance Agency kicked off what it said will be a multi-year effort to develop a single security that would be issued and guaranteed by Fannie Mae or Freddie Mac. The agency published a request for input on its initial plans.

The Consumer Financial Protection Bureau proposed a long-expected rule that would implement Dodd-Frank expanding the current Home Mortgage Disclosure Act data set. The proposal, released July 25, also aims to simplify the reporting process for financial institutions.