Qualified mortgage rules ready to roll while efforts to stall continue.
Regulator targets health-care lending subsidiary for accrued interest practices.
The Consumer Financial Protection Bureau issued a final rule Nov. 20 that requires the use of new, simplified mortgage disclosure forms available in English and Spanish that detail the terms of a mortgage to homebuyers.
Cash America must repay $14 million, told to change practices. Military targeting, robo-signing cited.
Fewer than 1% defaults on full-financing mortgage option, biggest credit union says.
While it would seem like credit card compliance issues are in the rearview mirror, now is the perfect time for credit unions to review their procedures to ensure they remain compliant.
Former National Federation president's current agency job now posted.
Whether it's a question about member business lending or which activities CUSOs are allowed to engage in, CUSO executives said the NCUA's guidance letters have long been a go-to for answers and regulatory interpretations.
In Senate hearing Tuesday, agency director also defends $95 million cost of CFPB building work.
Agency handles growing number of requests as compliance gets more complicated.