The council, which includes the NCUA, revises IT governance and risk management principles.
Wolters Kluwer finds 67% of credit union and bank execs are worried about meeting HMDA requirements.
Identifying sensitive data beyond the realm of compliance is the first step to creating a secure environment.
While large credit unions report an easy TRID transition, smaller ones are inundated by costs and labor.
To close the IT resource gap, implement a unified, enterprise-wide automation strategy.
The proposed ban on class-action waivers in arbitration clauses could inflate compliance costs and eliminate products/services.
SAN DIEGO - Ellie Mae President/CEO Jonathan Corr talks TILA/RESPA, compliance costs and future products.
SAN DIEGO – The quality, quantity and lack of cybersecurity investment make mortgage lenders a soft target.
Former NCUA Chairman Dennis Dollar affirms the proposed rules will accelerate compliance frustrations.
As the deadline looms, a lack of clarity on the TILA-RESPA rule is triggering anxiety.