Comment Letters
October 29, 2014Re: Request for Comment on Proposed Amendments to Regulation C to Implement Amendments to Home Mortgage Disclosure Act, Docket No. CFPB-2014-0019 Dear Ms. Jackson: The Consumer Bankers Association (“CBA”), American Bankers Association (“ABA”), Financial Services Roundtable (“FSR”), Housing Policy Council (“HPC”), and Mortgage Bankers Association (“MBA”), Consumer Mortgage Coalition (together “the...
October 6, 2014Dear Leader Reid and Leader McConnell, The undersigned trade associations, representing job creators across the country of all shapes and sizes, write to urge the Senate to consider and pass H.R. 5461, a bipartisan package of corrections to the Dodd-Frank Wall Street Reform and Consumer Protection Act that strengthen the underlying Act and provide critical clarifications to better oversee our...
September 22, 2014Re: Proposal to Disclose Consumer Complaint Narratives Docket No. CFPB–2014–0016 Dear Ms. Jackson: The Consumer Bankers Association (“CBA”)1 appreciates the opportunity to comment on the Consumer Financial Protection Bureau’s (“CFPB” or “Bureau”) notice of proposed policy statement concerning disclosure of consumer complaint narratives through the Bureau’s complaint portal (“Proposal”). While CBA...
September 19, 2014Before the FEDERAL COMMUNICATIONS COMMISSION PETITION FOR DECLARATORY RULING OF THE CONSUMER BANKERS ASSOCIATION EXECUTIVE SUMMARY The Consumer Bankers Association (“CBA”) respectfully asks the Federal Communications Commission (“FCC” or “Commission”) to declare that “called party,” for purposes of the Telephone Consumer Protection Act’s (“TCPA”) restrictions on certain automated calls, including...
September 10, 2014Re: Mobile Financial Services Request for Information – Docket No. CFPB-2014-0012 Dear Ms. Jackson: The Consumer Bankers Association (“CBA”) appreciates the opportunity to comment on the notice issued by the Consumer Financial Protection Bureau (“CFPB” or “Bureau”) asking for input on how mobile banking is helping consumers utilize products, manage finances, and achieve financial goals. CBA...
September 8, 2014An Open letter to the U.S. Congress from the Consumer Credit Industry: Motor Vehicle Finance Creates Opportunity and Drives Economic Growth Over the past few weeks, some in the media have raised alarms comparing motor vehicle finance with the residential mortgage bubble nearly seven years ago. The comparison was quickly and persuasively discredited by the more sophisticated financial press1 and...
August 22, 2014RE: Information Collection – Debt Collection Survey from the Consumer Credit Panel, OMB Control Number 3170-XXXX [Docket No: CFPB-2014-0017] Dear Mr. Vasan: The Consumer Bankers Association (“CBA”) appreciates the opportunity to respond to the Consumer Financial Protection Bureau’s (“CFPB” or “Bureau”) second request for comments on its proposed “plans to conduct a mail survey of consumers to...
August 20, 2014Dear Director Cordray, Recently, the Consumer Financial Protection Bureau's (CFPB) Private Education Loan Ombudsman sent letters to financial institutions that have contractual relationships with colleges and universities – relationships unrelated to the student loan or financial aid portfolios – calling for public disclosure of their agreements. The Ombudsman’s letter stated the institutions’...
August 20, 2014By electronic delivery Ms. Lynn Mahaffie Acting Assistant Secretary for Postsecondary Education Department of Education Dear Ms. Mahaffie, Earlier this year, the Department of Education considered in its negotiated rulemaking process proposals related to ways educational institutions manage Title IV, Higher Education Act program funds. The American Bankers Association (ABA) and the Consumer...
Joint Trades letter re Request for Comment on Proposed Amendments to Regulation C to Implement Amendments to Home Mortgage Disclosure Act