Corporate & Financial Weekly Digest

Corporate & Financial Weekly Digest

Tag Archives: TILA

CFPB Releases Advanced Notice of Proposed Rulemaking Regarding Residential Property Assessed Clean Energy Financing

Posted in Banking
On March 4, the Consumer Financial Protection Bureau (CFPB) released an Advanced Notice of Proposed Rulemaking (ANPR) to seek information from the public about certain issues related to Property Assessed Clean Energy (PACE) financing. In particular, the CFPB issued the ANPR to obtain more information (1) about the relationship between an assessment of a consumer’s… Continue Reading

Revised Interagency Examination Procedures for Consumer Compliance

Posted in Banking
As of May 1, the Task Force on Consumer Compliance of the Federal Financial Institutions Examination Council developed interagency examination procedures for: Truth in Lending Act (TILA), implemented by Regulation Z; and Real Estate Settlement Procedures Act (RESPA), implemented by Regulation X. These procedures reflect Consumer Financial Protection Bureau amendments to Regulations Z and X… Continue Reading