The Consumer Financial Protection Bureau (CFPB) released it proposed rulemaking agenda for the next year, which anticipates action on arbitration and debt collection in early 2017, and pre-rule activity on overdraft in January 2017.
Highlights of that summary include observations on:
Arbitration: Final rule is projected for February 2017
Debt Collection: Pre-rule activity projected for February 2017; it could be for the proposed rule for third-party debt collection or the SBREFA panel for first parties.
Overdraft: Pre-rule activity projected for January 2017; there is expected to be additional research.
TRID Fix: Final rule expected March 2017
Payday and Small Dollar Loans (No additional information about timing of final rule)
In years past the projected timelines found in the CFPB rulemaking agenda have changed, which could be particularly true this year with a new administration taking office in 2017.