Meandering
Elite Member
- Joined
- Feb 26, 2006
- Professional Status
- Real Estate Agent or Broker
- State
- Pennsylvania
Next week brings a new House subcommittee hearing on the Bureau of Consumer Financial Protection (BCFP, formerly referred to as CFPB) plus a handful of comment deadlines and events focusing on financial services industry issues and regulation.
June 4: Comments are due to the BCFP on its RFI on bureau public reporting of consumer complaint information. This RFI, issued March 1, seeks public input about potential changes to BCFP’s public reporting practices of consumer complaint information, and to consider whether any changes to the practices would be appropriate. As of Thursday, 22,820 comments had been received, according to Regulations.gov. Go here to read more and submit comments.
June 6: The House Financial Services Subcommittee on Financial Institutions and Consumer Credit holds a hearing titled “Improving Transparency and Accountability at the Bureau of Consumer Financial Protection.” The hearing is scheduled to begin at 2 p.m. ET. No witness list had been published as of press time (check back for updates).
June 7: Comments are due on the BCFP’s bureau rulemaking processes RFI. Issued March 7, this RFI seeks information to assist the bureau in assessing the overall efficiency and effectiveness of its rulemaking processes and, consistent with law, considering whether any changes to its rulemaking processes would be appropriate. As of Thurs
https://www.regreport.info/2018/06/...-under-scrutiny-june-6-in-house-hearing-more/
Just thought you might want to know the name of the bureau has been changed, and this little tid bit,
UPDATED: Appraisal management company registry plan sent to OMB, out for comment one more time
OMB is the Office of Management and Budget.
As you may (or may not) know, the ASC is required to maintain a national registry of AMCs that are subject to state "supervision" if the state has elected to register AMCs. The states are required to collect information on AMCs, which is very minimal information like, the AMC's name, address, registration or license number, number of appraisers and disciplinary actions, however, now the government can't decide if they really need any information, or just the money, so......
Comments continue to be invited on:
(a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility;
(b) The accuracy of the agency’s estimate of the burden of the collection of information;
(c) Ways to enhance the quality, utility, and clarity of the information to be collected;
(d) Ways to minimize the burden of the collection on respondents, including through the use of automated collection techniques or other forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information.
The subcommittee estimates each entry to the ASC will take the submitter about 15 minutes. The overall burden estimate assumes all 50 states will participate and an average of 150 AMCs in each state.
FFIEC Appraisal Subcommittee information collection: Reporting information for the AMC Registry
If you have an idea or an opinion that can help them out, please do respond to their request for comment.
.
June 4: Comments are due to the BCFP on its RFI on bureau public reporting of consumer complaint information. This RFI, issued March 1, seeks public input about potential changes to BCFP’s public reporting practices of consumer complaint information, and to consider whether any changes to the practices would be appropriate. As of Thursday, 22,820 comments had been received, according to Regulations.gov. Go here to read more and submit comments.
June 6: The House Financial Services Subcommittee on Financial Institutions and Consumer Credit holds a hearing titled “Improving Transparency and Accountability at the Bureau of Consumer Financial Protection.” The hearing is scheduled to begin at 2 p.m. ET. No witness list had been published as of press time (check back for updates).
June 7: Comments are due on the BCFP’s bureau rulemaking processes RFI. Issued March 7, this RFI seeks information to assist the bureau in assessing the overall efficiency and effectiveness of its rulemaking processes and, consistent with law, considering whether any changes to its rulemaking processes would be appropriate. As of Thurs
https://www.regreport.info/2018/06/...-under-scrutiny-june-6-in-house-hearing-more/
Just thought you might want to know the name of the bureau has been changed, and this little tid bit,
UPDATED: Appraisal management company registry plan sent to OMB, out for comment one more time
OMB is the Office of Management and Budget.
As you may (or may not) know, the ASC is required to maintain a national registry of AMCs that are subject to state "supervision" if the state has elected to register AMCs. The states are required to collect information on AMCs, which is very minimal information like, the AMC's name, address, registration or license number, number of appraisers and disciplinary actions, however, now the government can't decide if they really need any information, or just the money, so......
Comments continue to be invited on:
(a) Whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility;
(b) The accuracy of the agency’s estimate of the burden of the collection of information;
(c) Ways to enhance the quality, utility, and clarity of the information to be collected;
(d) Ways to minimize the burden of the collection on respondents, including through the use of automated collection techniques or other forms of information technology; and
(e) Estimates of capital or start-up costs and costs of operation, maintenance, and purchase of services to provide information.
The subcommittee estimates each entry to the ASC will take the submitter about 15 minutes. The overall burden estimate assumes all 50 states will participate and an average of 150 AMCs in each state.
FFIEC Appraisal Subcommittee information collection: Reporting information for the AMC Registry
If you have an idea or an opinion that can help them out, please do respond to their request for comment.
.
