Loan impact
From the rule text · verifiedApplies to: Nonbank covered persons that could be designated for CFPB supervision; no loan-level requirements are affected.
- Affected area
- EnforcementGuide Section 12 CFR 1091
- Applicability confidence
- Verified: every row above is supported by the source text
Supporting quotes from the rule
- affected areas“Collectively, the rules proposed for rescission provided for public release of final decisions and orders by the Director and made other changes to the CFPB’s procedures for designating nonbank covered persons for supervision.”
- guide sections“These amendments were codified in 12 CFR 1091.”
What changed
From the rule text · Section 12 CFR Part 1091| Requirement | Previously | Now |
|---|---|---|
| Proposed rescission of supervisory designation procedure amendmentsRemoved | Not stated | Bureau proposes to rescind the rules in full and seek comment on that proposal |
Also affected: Section 12 CFR 1091.
What to do
AWACS interpretation · not source languageWhat to review: No change here is mandatory, so first note that this is only a proposal to rescind in full the supervisory designation procedure amendments in 12 CFR Part 1091, with comments due June 13, 2025, and that it adds no new obligation and affects no loan-level requirements.
Source and record
Version 1 · archivedChecks passed
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Source
- Proposed Rule FR Doc. 2025-08347 (official) ↗ (opens in a new tab)
- Archived copy, SHA-256 bd4d2c8a4ec5…
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