Agency looking at alleged kickbacks to bankers, violations of RESPA.
Credit unions could use a refresher course in the often-neglected area of online marketing and advertising content compliance. That’s the message from Kyle Woodmansee, the compliance specialist for Des Moines, Iowa-based consulting firm PolicyWorks, who will present an hour-long webinar, “Three Commonly Overlooked Website Compliance Issues,” on Jan. 26.
Regulatory burdens stemming from the Bank Secrecy Act, Dodd-Frank Act and the Department of Housing and Urban Development, among others, add another layer of responsibility to credit unions’ day-to-day operations. Complaints of rising compliance-related costs are common, but just how much is compliance costing CUs, and how are they paying...
Even small credit unions spend thousands a month on meeting the regulatory burden. Find out more in this sneak peek at an article from the next print edition of Credit Union Times.
Trade says latest versions are an improvement, expresses remaining concerns.
Financial services sources say Obama administration is "trying to save her."
Saying that it hopes to help several million more families save money while helping the economy, the Obama administration on Oct. 24 unveiled a multifaceted plan to encourage the refinancing of mortgages.
Modifications to HARP aimed at helping millions of families and the economy, HUD secretary says.
Should CUs join a retreat from reverse mortgages or continue offering the loans aimed at seniors?
Agency keeps $625,000 maximum level nationwide in Home Equaity Conversion Mortgage program.