The Consumer Financial Protection Bureau (CFPB) issued a call for comments on the agency's inquiry into the Buy Now Pay Later, or BNPL, industry. BNPL is a rapidly expanding industry offering consumers the option to pay for purchases in...
The CFPB issued a call in November for information on the HMDA Rule Assessment. Woodstock Institute's comments address “the effectiveness of the HMDA Rule in meeting its stated goals and the purposes and objectives of the Dodd-Frank Act.”
Update: here’s our October letter opposing the merger of First Mid, their response, followed by our reply. RE: Application by First Mid Bancshares to acquire Delta Bancshares Company and Jefferson Bank and Trust Woodstock Institute submits this comment on...
The proposed rules for collecting small business loan data required by Section 1071 of the Dodd Frank Wall Street Reform and Consumer Protection Act of 2010 (Section 1071 rules) have been one of Woodstock Institute’s top policy priorities for...
The issues associated with the drafting of implementing rules from which to enforce the IL-CRA are not dissimilar to those facing the Federal bank regulatory agencies as they strive to modernize the Federal CRA.
Woodstock Institute recently submitted a comment letter responding to a Request for Input (RFI) from the Federal Housing Finance Agency (FHFA). FHFA will require the Government Sponsored Enterprises (GSEs) – Fannie Mae and Freddie Mac – to submit Equitable...
Woodstock Institute submitted a comment letter to respond to the Federal Reserve Board of Governors’ Advanced Notice of Proposed Rulemaking (ANPR) on the Community Reinvestment Act (CRA).
Woodstock Institute requests that the Office of the Comptroller of the Currency (OCC) withdraw its proposed “Fair Access to Financial Services” proposal. This proposed rule inserts the government in countering free market forces, ignores the financial industry’s evolution of...