WASHINGTON - The CFPB's mission is to shield consumers from unfair financial treatment. That intent is, after all, part of the federal bureau's name.
Review pictures of GAC speakers and attendees.
WASHINGTON - Regulatory panel discusses the need for credit union advocacy.
Director of Regulatory Compliance Bill Klewin will be replaced by CUNA Mutual new hire Andrea Stritzke.
Despite high-tech tools, the human factor of compliance can't be eliminated entirely.
The jury is still out on whether new regulations are slowing down mortgage lending. It could just be the weather.
Purchase mortgages are down 15% from MBA forecasts, but this winter's inclement weather is at least partly to blame.
Compliance helps innovation rather than hinders it, according to Andrea Stritzke, vice president regulatory compliance at PolicyWorks.
Agency invites credit unions to Iowa hearing, providing date but no location or other details.
Because credit unions already generally abide by new final qualified mortgage and ability-to-repay rules released Jan. 10 by the Consumer Financial Protection Bureau, the most difficult compliance burden will be to document the process, said John Bundy, compliance manager for CUNA Mutual.