Sentence examples for consumer bureau rules from inspiring English sources

Under current law, a veto is allowed if other regulators deem consumer bureau rules a threat to systemwide stability — a high hurdle.

The Federal Reserve issued a rule in 2010 to address the issue; the consumer bureau rule will incorporate the Fed's guidance while trying to clarify some issues, the bureau said.

Smaller banks and credit unions, or those with less than $10 billion in assets, would have to obey the consumer bureau's rules.

(In a confusing bit of terminology, the consumer bureau's rules refer to loans that meet its new standards as "qualified mortgages," or Q.M., while the agencies addressing lender risk use the term "qualified residential mortgages," or Q.R.M).

But the consumer bureau's rules, if developed, would take at least 18 months before they're finalized and several months beyond that before they're in force.

The new consumer bureau would write rules banning abusive and unfair terms for mortgages and other financial products.

And the consumer bureau is finishing rules to provide tighter oversight of mortgage servicing companies, which collect payments from homeowners.

Officials at the American Bankers Association have been meeting with consumer bureau officials about the rules for some time.

In addition to merely writing rules, the consumer bureau will have the power to send in examiners and enforce those rules at the biggest banks — those with more than $10 billion in assets — as well as the largest nonbank financial institutions, including mortgage originators, payday lenders and check-cashing chains.

and requires the consumer bureau to write a rule prohibiting it.

WALL STREET JOURNAL Consumer Bureau Readies Its New Financial Rules  |  Raj Date, the former banker temporarily leading the Consumer Financial Protection Bureau, outlined a timeline for the Wall Street watchdog to unveil a string of new regulations.