The CFPB issued their semi-annual update of their rulemaking agenda on July 3, 2013. In the release, the CFPB stated they are “now focusing intensely” on supporting the implementation process for mortgage regulations that were released earlier this year, and releasing various amendments to those regulations.
The update also discusses the implementation of rules regarding the CFPB’s supervisory program for certain nonbank entities. The agency also expects to issue proposals regarding the notices that consumers receive each year from their financial institutions explaining the companies’ privacy and information sharing practices.
The release and rulemaking update can be found here.