August 2020
Executive Briefing
Regulation B – Request For Info.
The Consumer Financial Protection Bureau is requesting public comments on creating a regulatory environment that (1) expands access to credit and (2) ensures that all consumers and communities are protected from credit discrimination.
HPML Escrow Exemption For Certain Smaller Institutions
The Consumer Financial Protection Bureau has proposed changes to Regulation Z that would provide a new exemption from the requirement to establish an escrow account for a higher priced mortgage loan (HPML). This would implement Section 108 of the Economic Growth, Regulatory Relief, and Consumer Protection Act (P.L. 115-174; signed into law on 5/24/18).
Emerging Issues
• Improving Corporate Governance Through Diversity Act
• American Infrastructure Bonds Act
• American Workers, Families, and Employers Assistance Act
• Consumer Financial Protection Commission Act
• Continuous Health Coverage For Workers Act
• Financial Product Safety Commission Act
• Health Savings Accounts For All Act
• SAFE TO WORK Act
• Prioritized Paycheck Protection Program (P4) Act
• LOCAL Infrastructure Act
• Rural Equal Aid Act
• Paycheck Protection Small Business Forgiveness Act