Lawmakers are seeking ways to better understand and regulate the use of alternative data in underwriting. Asking for express consumer consent and creating sandboxes are considered.

While industry groups support the CFPB’s plan to review rules that have significant economic impact on small entities, consumer groups suggest the bureau restrict the plan.

The mortgage industry has urged the New York Department of Financial Services not to go beyond the CFPB in terms of regulating mortgage servicers.

State attorneys general and industry groups, in rare alignment, are suggesting the CFPB continue with the current overdraft rule.

Industry attorneys are starkly divided on whether and how the CFPB should define the meaning of “abusive” acts and practices.

The CFPB is still actively conducting fair lending exams, said compliance experts, but it remains a question mark whether the exams will turn to enforcement actions.

Industry groups and consumer advocates have differing views on the CFPB’s proposal to raise reporting thresholds under the Home Mortgage Disclosure Act.

The CFPB issued guidance on the disclosure requirements for construction loans. But an attorney said the guidance falls short of what the industry is seeking.

Lenders now have 15 more months to comply with the underwriting requirements of the payday lending rule. The CFPB is still considering rescinding that portion.