New CFPB rules change the definitions and coverage of two types of mortgages.
May 8, 2013
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
CUs have a tradition of offering their members free or low-fee products and services.
May 1, 2013
CUs consistently offer lower and fewer fees than their bank competitors.Read More
Learn all you can about how your CU must comply with the CFPB’s mortgage regulations.
April 15, 2013
The new rules already dominate compliance planning for the next year, but CUs must save capacity for potential disclosure changes.Read More
Shore up current compliance procedures before new rules take effect.
April 14, 2013
To implement these rules, credit unions must amend policies and forms, train staff, and adopt new procedures.Read More
Three Reg Z changes precede an avalanche of CFPB rules to implement next year.
April 1, 2013
The bulk of the new mortgage rules won’t take effect until next yearRead More
CFPB mortgage rule exclusion for small servicers is not a free pass.
March 22, 2013
Collective sigh of relief over small servicer exemption is premature.Read More
The consumer bureau stands ready to attack unfair practices or providers.
March 6, 2013
Prepare for a long path of increased regulatory changes affecting virtually every consumer product and service.Read More
Here’s a six-point overview of the CFPB’s new mortgage lending regulations.
February 28, 2013
In mid-January, the CFPB opened the floodgates, and mortgage lending rules began gushing out.Read More
Innovation in consumer disclosures through experimentation encouraged.
February 14, 2013
Dodd-Frank authorized the CFPB to facilitate innovation and to approve trial disclosure programs.Read More
Give your compliance manager a work-appropriate hug—it’s going to be a rough year.
February 7, 2013
New rules will recast mortgage lending from application to servicing.Read More