The Consumer Financial Protection Bureau released final mortgage rules that restrict loan originator compensation methods and increase the level of service loan servicers must provide to borrowers. However, due to the way credit unions already do business, trade associations say neither rule will have a major impact on the industry.
Ohio credit union working on appeal of its CAMEL score after accusing NCUA examiner of harrassment.
Question: How well protected against swarming, potentially crippling DDoS attacks are the corporates?
CFPB final mortgage servicing rule hits slightly more than 200 of 6,900 federally insured credit unions.
The NCUSIF has taken an estimated hit of $72 million due to the failure of Telesis Community Credit Union, NCUA Public Affairs Specialist John Fairbanks said Tuesday.
Agency invites credit unions to embed video on their own websites to educate members on NCUSIF deposit protection.
NCUA says $177 million also put into Premier America purchase and assumption deal for failed credit union's leftovers.
Nevada credit unions going back but California move requires more time, agency says.
The list is long on 2012 news and actions emanating from the NCUA: CUSO loan participations rules, an easier op-in process for low income credit union designation, a 6.1% increase in the agency’s budget for the next fiscal year and the October departure of Gigi Hyland.
Bank regulator budget compares with 6.1% budget hike for NCUA.