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Read articles below for analysis and discussion of recent trends by BM&G’s industry experts.
CFPB Bulletin 2020-01 on Responsible Business Conduct
On March 6, 2020, the CFPB published Bulletin 2020-01 on responsible conduct that updates CFPB Bulletin 2013-06 on the same...
Precautions for COVID-19
With the confirmed reports of the novel coronavirus (also known as COVID-19) within the United States, we at BMG are taking...
Promise
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Fair Lending Risks for Lenders Using Targeted Internet Marketing
The current issue of the Federal Reserve Board’s Consumer Compliance Outlook (Third Issue 2019) includes an article entitled...
CFPB Publishes Policy Statement on Compliance Aids
In the January 27, 2020 issue of the Federal Register (85 FR 4579), the CFPB published its “Policy Statement on Compliance...
CFPB Issues Policy Statement on Abusive Acts or Practices
On January 24, 2020, the Consumer Financial Protection Bureau (CFPB) issued a Policy Statement regarding the statutory...
Chapter 342
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CFPB Amends HMDA Regulation C
In the October 29, 2019, issue of the Federal Register (84 FR 57946) the Bureau of Consumer Financial Protection (CFPB) issued a...
CRA Asset-size Thresholds Revised for 2020
In the December 30, 2019, issue of the Federal Register (84 FR 71738, click here), the Office of the Comptroller of the...