NCUA Unveils New Compliance Site
The NCUA unveiled new online resources on Thursday to help credit unions comply with Dodd-Frank mortgage rules and other regulations.
The agency’s Consumer Compliance Regulatory Resource webpage includes content from the CFPB, the Federal Financial Institutions Examination Council and other federal agencies on topics such as mortgage lending, credit cards and fair lending.
Credit unions can access resources including compliance guides, letters to credit unions, regulatory alerts, webinars and videos.
“We’ve experienced a number of important changes to the rules governing mortgages and other consumer lending products and services since the passage of the Dodd-Frank Act,” NCUA Board Chairman Debbie Matz said.
“Often it’s been difficult for credit unions to find the critical regulatory information they need, but the NCUA’s new Consumer Compliance Regulatory Resource webpage consolidates these resources in a single, easily accessible location. I encourage all credit union compliance officers and managers to link to and use this new resource page,” she said.