2020 Legal Support NOV 
PYMNTS
FEBRUARY 6, 2019
The Consumer Financial Protection Bureau (CFPB) said it will now postpone the rule until Nov. The bureau’s proposal suggests there was insufficient evidence and legal support for the mandatory underwriting provisions in the 2017 final rule,” the CFPB said.
PYMNTS
FEBRUARY 18, 2019
The agency has said that keeping the requirement would negatively impact consumer access to credit and hurt competition in the markets – and, added the CFPB, there is “insufficient evidence and legal support” for the provision. This may be an election issue, given that the proposal pushes the date off to Nov.
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