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.
While large credit unions report an easy TRID transition, smaller ones are inundated by costs and labor.
Identifying sensitive data beyond the realm of compliance is the first step to creating a secure environment.
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.