Consumer Financial Protection Agency

• NCUA Confirms Nearly All Credit Unions Qualify for CFPB’s Servicing Exemption

  By Heather Anderson  |  January 18, 2013

  CFPB final mortgage servicing rule hits slightly more than 200 of 6,900 federally insured credit unions.

• Consumer Financial Protection Agency to Investigate Mortgage Insurers

  By Arthur D. Postal  |  August 8, 2012

  Agency looking at alleged kickbacks to bankers, violations of RESPA.

• CFPB’s Proposed Confidentiality Rule Earns NAFCU Thumbs Up

  By Heather Anderson  |  April 13, 2012

  Comment period ends Monday on rule that would require new agency's exams to not affect confidentiality assured under state and federal laws already.

• Brokers Brace for Transparency Rules; Advisers Build on Existing Model

  By Michelle A. Samaad  |  October 20, 2010

  Of the litany of regulations coming around the bend within the retail investment space, financial advisers said they are most concerned about the fiduciary standard and additional disclosure rules.

• In Today's Environment, the Small Credit Union's Days Are Numbered

  July 7, 2010

  On May 20, I posted remarks on BRUEN Credit Union Blog (www.cbruen.com/blog) about the failure of a very small 213-member, $175,000-asset and, surprisingly, 50-year old credit union with a delinquency rate of 40%.

• Senators Sponsor CU Amendments on Reg Restructuring

  By Claude R. Marx  |  May 6, 2010

  The chairman of the NCUA would be included in the council of regulators that could make decisions on systemic risk and hear appeals of rules by the new consumer financial regulator if an amendment sponsored by Sen. Susan Collins (R-Maine) is approved.

• Dodd Vague on Details of Regulatory Measure

  By Claude R. Marx  |  March 11, 2010

  Senate Banking Committee Chairman Christopher Dodd said today lawmakers are on a "positive and optimistic track," in trying to reach an agreement on regulatory restructuring, but declined to discuss specifics of the bill he will introduce on Monday.

• Sentate Bill Would Give Fed More Consumer Powers

  By Claude R. Marx  |  March 10, 2010

  After months of bipartisan bashing of the Federal Reserve's actions during the recession,

• Trades Ramping Up Political Giving for November Races

  By Claude R. Marx  |  March 4, 2010

  National party committees and senior lawmakers on the committees that oversee credit unions are among the recipients of contributions from the political action committees of CUNA and NAFCU.

• Barr: Consumer Agency Will Help Credit Unions

  March 3, 2010

  WASHINGTON -- The top Treasury Department official on credit unions said that the proposed agency to regulate consumer financial products will give credit unions a more stable regulatory environment in which to operate.