With the implementation deadline approaching on Aug. 1, CUs should start covering their bases.
With just four months until the Aug. 1 implementation deadline, it's no surprise that CFPB's 1,900-page TILA-RESPA integrated mortgage disclosure rule is one of the NCUA's supervisory priorities for 2015. This complex rule combines several existing disclosures into two documents – the Loan Estimate and the Closing Disclosure. Combine recent...
Thomas Renz, president of $35 million Commodore Perry FCU shares ideas to help credit unions compete.
Read the full statement NCUA Vice Chairman Rick Metsger made during the November board meeting.
NCUA says onsite WesCorp and other corporate examiners were limited by regs, not influenced by executives.
NCUA official says a lack of regulatory authority is to blame. Material loss reviews concur.
Had the NCUA's proposed risk-based rule been in effect in 2007, it could have saved the NCUSIF as much as $180 million.
Some asset classes in the NCUA's risk-based capital proposal, like consumer loans, have better risk weights than Basel III.
Three asset classes in the NCUA's risk-based capital proposal are better than the banks' Basel requirements.
NCUA Board Member Metsger explains how he was convinced to vote in support the final rule.