HMDA, ‘requests for information’ on agenda for bureau’s credit union council

The Home Mortgage Disclosure Act (HMDA), and several of the recent “requests for information” prompted by Acting Director Mick Mulvaney in his quest for “evidence” that the agency is working toward its mission, will be on the agenda for the May 17 meeting of the Consumer Financial Protection Bureau’s (CFPB) Credit Union Advisory Council (CUAC).

The credit union group is one of four councils sponsored by the agency (which is transitioning to the name “Bureau of Consumer Financial Protection,” or BCFP). The other three are: Consumer Advisory Board, Academic Research Council, and the Community Bank Advisory Council.

In a notice scheduled to be published Tuesday in the Federal Register announcing the meeting, the bureau also stated that – on the same day – subcommittees of the credit union group will also be meeting. Those include the CUAC subcommittees on: Card, Payment, and Deposits Markets, Consumer Lending, and Mortgages and Small Business Lending.

The credit union council’s meeting is scheduled to run from 9 a.m. to 3 p.m., according to the Register notice.

Credit Union Advisory Council Meeting