Agency joins other regulators in addressing concerns about liability under Equal Credit Opportunity Act.
Technological advancements are helping to simplify the way credit unions comply with fair lending laws.
Trade group says credit unions cite third-party vendor issues, fear that lending could slow or stop.
Steve Van Beek has left NAFCU to join the business law practice of Howard & Howard at the firm’s office in the Detroit suburb of Royal Oak, Mich.
From increasing services to mitigating risks, the benefits of partnering with CUSOs and other vendors run the gamut, experts say.
Governor calls proposed regs "groundbreaking." They would, among other things, forbid such coverage from insurer affiliated with servicer.
Online resources include guides, blogs, newsletters and articles about bureau's mortgage regs.
With the effective date of the revised loan participation rule less than one week away, credit unions and CUSOs have taken another look at their lending programs to see if any adjustments need to be made.
CUs and CUSOs look at lending programs to see if any adjustments needed before Sept. 23 effective date of new NCUA rule.
New rule exam for Evergreen State credit unions focuses on consumer and regulatory compliance, including FFIEC, BSA.