CFPB Convening Small Entity Panel to Brief, Gather Input on Pending Discount Points and Fees Proposal
May 10, 2012
The Consumer Financial Protection Bureau is putting together a group of small businesses related to the mortgage lending industry to brief them on the CFPB’s pending proposed rule on discount points and fees paid to mortgage originators and to gather initial industry input on the subject. Senior officials told the press this week they are assembling a panel per the Small Business Regulatory Enforcement Fairness Act, which requires the CFPB to convene a small business panel before rolling out regulations that the bureau expects to have a significant impact on a substantial number of small business...
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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