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By Miriam De Dios |
May 15, 2013
Last month, the U.S. Senate introduced an immigration reform bill that proposed a complete overhaul to the country’s immigration system. Although a vote is likely several months away, credit union leaders would do well to begin paying attewwwwntion now as passage of immigration reform will undoubtedly impact them.
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By Heather Anderson |
May 8, 2013
The Consumer Financial Protection Bureau released its final remittance rule April 28 and gave providers six months to comply, setting an Oct. 28 effective date. The bureau had originally proposed a 90-day compliance window following its release of the final rule.
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By Heather Anderson |
April 30, 2013
Bureau issues final rule Tuesday without any credit union-requested changes.
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By Heather Anderson |
February 13, 2013
Both NCUA Chairman Debbie Matz and Consumer Financial Protection Bureau Director Richard Cordray revealed developments in ongoing regulatory issues during a Feb. 5 webinar in which both answered questions from their credit union audience.
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By Heather Anderson |
February 5, 2013
Bureau director tells NCUA webinar that he expects final rule this month or next, compliance to begin in May or June.
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By Heather Anderson |
January 23, 2013
New effective date now to be announced "later this year," bureau says.
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By Heather Anderson |
January 2, 2013
Mortgage rules expected at Baltimore meeting next week; remittance rules expected to be posted on agency website in weeks to come.
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By Heather Anderson |
November 27, 2012
Rule limiting exemption level at 100 transactions a year still a concern.
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By Anna Pena |
November 12, 2012
Once the domain of Latin mom-and-pop shops, remittance services have in recent years become accessible to Hispanic and other consumers through their local credit unions.
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By Heather Anderson |
October 16, 2012
The Consumer Financial Protection Bureau will broadcast a free 90-minute webinar at 2:30 p.m. EDT today about new remittance regulations that take effect Feb. 7, 2013.