Dear Readers,
For once, I don’t want to talk about the pandemic. For a year now,
our world has revolved around the changes and restrictions that
have come about because of COVID-19. With the vaccine roll out
underway, there is finally light at the end of the tunnel of returning to
a “new” normal.
Acting Director of the Consumer Financial Protection Bureau
Dave Uejio wrote in a recent blog post about the bureau’s work
to address housing insecurity, promote racial equity, and protect
small businesses’ access to credit. Though he did refer to easing the
hardships consumers currently face because of the pandemic, he also
requested the Division of Research, Markets, and Regulations (RMR)
resume data collections for Section 1071 and HMDA reports.
“Our focus is and should be preventing harm, particularly to the
most vulnerable among us. Doing this great work — of ensuring
competitive, transparent, and fair markets for everyone, as mandated
by the Dodd-Frank Act — will take all of us working together,” Uejio
wrote in his directive to RMR.
Here at Dodd Frank Update, we are ready to cover whatever new,
and hopefully non-pandemic related, actions and events that are
coming our way.
Stay in touch (but socially distant),
Elizabeth C. Childers, Esq.
Editor
Dodd Frank Update