The Bureau has published its Fall 2020 Rulemaking Agenda as part of the Unified Agenda of Federal Regulatory and Deregulatory Actions, which is coordinated by the Office of Management and Budget. The agenda includes the regulatory matters that the Bureau expects to focus on between now and November 2021. However, the timelines projected are merely estimates and are not binding on future CFPB leadership. 

The agenda highlights several regulatory activities planned for the remainder of 2020 through the spring of 2021:

• A final rule in December 2020 addressing, among other things, disclosures related to the validation notice and time-barred debt.
• A final rule to address the anticipated expiration of the LIBOR index, which the UK Financial Conduct Authority has stated that it cannot guarantee the publication of beyond the end of 2021.
• An interagency rulemaking to implement the amendments made by the Dodd-Frank Act to the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) concerning appraisals.
• An NPRM in spring 2021 to consider possible amendments to the Bureau’s mortgage servicing rules to address actions required of servicers working with borrowers affected by natural disasters or other emergencies.
• Two NPRMs in early 2021 concerning possible revisions to the 2015 Home Mortgage Disclosure Act (HMDA) rule. 

The Bureau has also added two new items to its “long-term” agenda: 

• An entry related to its TILA/RESPA Integrated Disclosures (TRID) rule in light of its October 2020 report of its assessment of the rule.
• Additional research that focuses on providing information to consumers about the costs associated with payday loans.