Another burr under the industry’s saddle stemming from the CFPB’s recent proposal on disclosures of records and information is a proposed significant expansion of the bureau’s ability to share confidential supervisory information (CSI) with other agencies or entities. Under current rules, the bureau may disclose CSI only to the small set of federal and state agencies that have “jurisdiction over a supervised financial institution.” However, the bureau has proposed disseminating CSI to any “federal, state or foreign governmental authority, or an entity exercising governmental authority” whenever “it is relevant to the exercise of the agency’s statutory or regulatory authority.” This is extremely problematic to the industry, according to a joint comment letter submitted to the CFPB by the Consumer Mortgage ...