CFPB Consumer Laws and Regulations

The Consumer Financial Protection Bureau (CFPB) is at a crossroads in its history.  The Bureau could make some changes that would allow it to pursue a path forward that ensures it is a consistent, non-political and vigorous consumer protection regulator. MBA continues to advocate for an approach that promotes greater regulatory certainty through the issuance of clearer rules supplemented by timely, authoritative guidance. The CFPB's past enforcement-first strategy created significant uncertainty in the market and undue costs for consumers. Following the conclusion of the Bureau's series of Requests for Information (RFI) on all aspects of their operations, MBA developed a "road map" of reforms aimed at achieving CFPB 2.0, MBA's framework to promote a vibrant, competitive mortgage lending market. 

Explore how we are working for our members by each issue category below.