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NCUA

House removes NCUA from budget oversight proposal

September 13, 2017 0

The House approved a spending plan Thursday that no longer includes a provision rolling the NCUA budget under the congressional appropriations process. On Wednesday, lawmakers approved an amendment to the 2018 Department of the Interior, Environment, […]

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NCUA

Letter to CUs outlines new HMDA exam testing guidelines

September 13, 2017 0

New examiner transaction testing guidelines for Home Mortgage Disclosure Act (HMDA) data go into effect Jan. 1, with fewer credit unions required to correct and resubmit their HMDA Loan Application Registers (LARs), NCUA points out […]

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NCUA

Agency sets Oct. 18 for public budget briefing

September 12, 2017 0

Following the Oct. 2 release of its 2018-19 proposed budget, NCUA plans for an Oct. 18 public briefing on its spending plan, with an aim of “budget transparency” according to Board Chairman J. Mark McWatters. […]

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FDIC

Agencies update CECL ‘frequently asked questions’

September 6, 2017 0

The new “current expected credit loss” (CECL) accounting standard is addressed in updated “frequently asked questions” (FAQs) issued by federal financial institution regulatory agencies, focusing on the methodology for estimating credit loss allowances and related […]

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