Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.
A prohibition order barring Linda S. Pelham, a former CEO of the $35.5 million-in-assets Everglades Federal Credit Union in Clewiston, Fla., from future service in any federally insured financial institution was executed Jan. 14 and […]
A 60-day window for credit union service organizations (CUSOs) to complete their annual, required reaffirmations with the CUSO Registry maintained by the National Credit Union Administration (NCUA) opens Friday and concludes March 31. Launched in […]
Title: Loans in Areas Having Special Flood Hazards Subject: Flood insurance Agency: FDIC, Federal Reserve, NCUA, OCC (FCA) Status: Final rule Summary: The Office of the Comptroller of the Currency (OCC), the Board of Governors […]
Final rules requiring financial institutions to accept flood insurance policies that meet the statutory definition of “private flood insurance” – and to allow financial institutions to exercise their own discretion in accepting other plans, including […]
The inspector general for the federal credit union regulator received a rating of “pass” by another agency’s IG office in an annual peer review that was made public Thursday. The review was conducted for the […]
NCUA has posted a series of “Consumer Financial Protection Updates” for credit unions on recent threshold changes affecting compliance with the Home Mortgage Disclosure Act (HMDA) and Truth in Lending Act (TILA), as well as […]
Continuing its string of reminders to credit unions about rules and deadlines related to Consumer Financial Protection Bureau (CFPB) rules, the federal credit union regulator Thursday noted that Home Mortgage Disclosure Act (HMDA) loan/application registers […]
The federal credit union regulator used its “CU Express” news service Thursday to tell the boards and CEOs of federally insured credit unions about recent changes in threshold amounts that determine mortgage reporting, escrow and […]
The federal consumer financial protection bureau recently announced that it had increased the maximum fee a consumer credit reporting agency may charge ($12.50, up from $12 last year), and the federal credit union regulator wants […]
A handful of final rules were announced in recent weeks by federal financial regulators to update thresholds for 2019 mortgage data collection, escrow requirements for high-cost mortgages, consumer loan and lease disclosures, and civil money […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info