Compliance

Like death and taxes, the growing volume of complex regulations is inevitable. READ MORE

All CUs should review their confidentiality policies for overbreadth, both in writing and in application. READ MORE

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NCUA’s National Supervisory Policy Manual aims to ensure examiners treat CUs uniformly. READ MORE

CUNA expects NCUA to issue additional guidance on how to comply with its new investment rules. READ MORE

Mortgages that fall into the high-cost or higher-priced category have certain restrictions and requirements, so it’s important to understand what they are. READ MORE

When it comes to regulatory relief, CUs deliver substance with the rhetoric. READ MORE

The NSPM includes instructions that say examiners will "only identify material problems for problem code tracking purposes," but requires examiners to act on unresolved DORs regardless of a CU's CAMEL rating. READ MORE

The guidance describes in detail how examiners will apply the regulatory changes that the NCUA Board approved last year.

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The CFPB in April released a “plain language” guide on the agency’s Ability-to-Repay (ATR) and Qualified Mortgage (QM) rule under Regulation Z (Truth in Lending). READ MORE

NCUA’s Office of Small Credit Union Initiatives (OSCUI) is offering yet another free webinar.  This webinar will discuss how collaboration can help Credit Unions compete and offer greater value to their members.   NCUA’s OSCUI typically fosters development for small, new and low income designation credit unions; however, this webinar is open to credit unions of [...]

Given the volume and complexity of the CFPB’s new mortgage rules related to Reg Z and Reg X, we haven’t focused much on the new Reg B appraisal rule. However, we are seeing some confusion with the timing requirements, so here is some information that hopefully clarifies the timing. The rule generally provides that a [...]

In January you were shocked at the sheer volume of mortgage rules.  From February through May you attended trainings, read summaries, or read the actual rules and began to understand them.  Now that you understand them, you know how difficult and time-consuming implementation of the new rules will be; and, now that summer is in full [...]