The Consumer Financial Protection Bureau (CFPB) to Hold Two Field Hearings in January, 2013

The Consumer Financial Protection Bureau (“CFPB”) has announced that it will hold two field hearings in January on mortgage policy. In addition to hearing testimony from consumer groups, industry representatives, and members of the public, the field hearings will feature remarks from CFPB Director Richards Cordray. It is anticipated that various Dodd-Frank mandated mortgage regulations will be the focus of the hearings.

We will continue to monitor and update you on the latest developments from the CFPB.