They tell you to keep your eye on the ball. But these days we are all wondering, which ball? The skill of a major league batter is needed to respond to the speed and number of regulatory balls of late fired at credit unions and CUSOs making mortgage loans. What...
Many have heard the NCUA is going to focus on CUSOs. Here's some advice on how to prepare for such an examination
When NCUA Chairman Debbie Matz spoke at a December Senate hearing on new regulations on natural person credit union risk concentrations, she pointed out that the regulator is also looking into performing its own exams of third-party vendors that provide services to NCUSIF-backed credit unions.
Educational materials and counsel documents related to credit unions and CUSOs will be available to CU*Answers clients from CUSOLaw.com.