Shoring up qualified mortgage safe harbor provisions could require credit unions to double down on their traditional strengths and sharply improve documentation, according to legal experts.
Opinions sometimes differed, but experts told Credit Union Times they agreed that despite continuing challenges posed by regulators and the economy, America’s credit union movement has an excellent prognosis.
Hope Community CEO Bill Bynum to help host DIrector Richard Cordray and others to discuss financial services needs of the Delta.
In wake of CFPB rules, legal experts advise: Strengthen those protections through better communications, documentation.
Research found bipartisan support.
The NCUA and CFPB have placed more emphasis on Fair Lending laws and HMDA data collection in 2013, and credit unions can expect more in 2014.
Use it not, compliance with proposed FFIEC guidance would be mandatory, CU Times webinar speaker notes.
NAFCU session on Tuesday features back-and-forth as well as speeches.
NCUA, CFPB promise more rules and exams in the year ahead.
Several key lawmakers join roster rostrum for Congressional Caucus that kicks off Sunday.