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Items Tagged with 'appraisal'
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Apprise Your Appraisals

New CFPB rule requires creditors to give applicants free copies of appraisals.
May 19, 2013
Valerie Moss
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CFPB amended Reg B to implement a Dodd-Frank Act amendment to the Equal Credit Opportunity Act.
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New Realities Shape Today’s Appraisals

Appraisal tools come with a learning curve and other drawbacks.
February 2, 2012
No Comments
Wholesale and correspondent CU mortgage lenders must scramble to comply with the latest regulation standardizing appraisals.
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A Complex Appraisal Reg, In a Nutshell

New Reg Z provisions take effect this month.
April 1, 2011
Valerie Moss
No Comments
What are the Dodd-Frank Act's new requirements for appraisal independence?
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Compliance Matters: SAFE Act Training

Register mortgage loan originators until July 29.
March 14, 2011
CUNA Compliance Staff
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Registry open for mortgage originators.
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May Cover

Credit Union Magazine

• May digital edition

May 2013

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What's Popular

Popular Stories

Look into the Future of Finance

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Jump-Start Your Loan Portfolio: Nine Steps

Are You Selling Products—Or Helping Members Achieve Their Goals?

Recent Discussion

In remembering Warren, the first thing I think of was his smile. He was a gentle, caring man who always thought of others first. I was honored to be a part of the MiOpportinidad project with Affinity Credit Union, Warren and Miriam. His hard work and dedication to that project was inspirational. Warren so deserves this award.

The author really understands the credit union philosophy and I really enjoyed the analogy of his bathroom remodel. The only thing missing was pictures of the finished bathroom! :)

Thank you Phillip for showing the differences between a Big Bank that is only looking to sell you products and a Credit Union that actually looks out for its members needs. Great article!

I love and give a standing ovation to Ron Kase and to other caring people just as much as those who passed away on 2012 like Warren Morrow at Des Moines Iowa. He worked hard for those who are under-served an under-represented, but wasn't mentioned in your magazine. It may be beneficial for the entire world to know about his accomplishments no for his benefit, obviously, but to increase the number of positive and caring people and to add members the CU. Just ask Coopera Consulting at Des Moines Iowa about Warren Morrow's legacy.

That’s right Lisa. The servicing rule would not require a credit union to create its own policies and procedures if all aspects of the servicing are delegated to a sub-servicer. However, remember that the credit union will have to conduct due diligence on the sub-servicer to make sure it is following the minimum requirements for policies and procedures. Unfortunately, even those credit unions that use a third party servicer will need to have a working knowledge of the CFPB’s servicing rule.

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