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By Heather Anderson |
April 29, 2012
Regulatory fallout from the housing crash, the Credit Card Act of 2009 and the new Consumer Financial Protection Bureau are making the daily duties of a loan officer look increasingly more like those of a compliance officer. Below are the most burdensome, difficult and confusing current regulations and proposed rules...
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By Heather Anderson |
April 20, 2012
Here's a list of some of the most burdensome, difficult and confusing regulations and proposed rules facing credit union lending officers today.
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By Heather Anderson |
April 20, 2012
Here's a list of some of the most burdensome, difficult and confusing regulations and proposed rules facing credit union lending officers today.
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By Heather Anderson |
April 19, 2012
Size doesn't matter, CUNA Mutual compliance director Bill Klewin tells webinar. CFPB, meanwhile, issues bulletin on "effects test."
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By David Morrison |
February 5, 2012
The 177,000-member, $1.4 billion GTE Federal Credit Union faces a $51,000 fee from Fannie Mae because it only used foreclosure attorneys the government-backed mortgage giant approved and ordered it to use.
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By David Morrison |
February 3, 2012
Fannie Mae imposes $51,000 fee for delays CU says it caused. Find out more in this article from the Feb. 8 print edition of Credit Union Times.
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By David Morrison |
February 9, 2011
The ongoing battle in federal court over the fallout from the CU National mortgage scandal continues.
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By David Morrison |
July 7, 2010
Credit union mortgage servicers face an expanded and more important role under a new Fannie Mae policy designed to crack down on borrowers who walk away from their mortgage commitments.
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By David Morrison |
June 25, 2010
Mortgage servicers, including credit unions, have a new stick to wield with loan borrowers who might contemplate walking away from a mortgage commitment, according to new policy from Fannie Mae.
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By David Morrison |
May 10, 2010
Some of the credit unions that lost money when US Mortgage CEO Michael McGrath fraudulently sold some of their loans to Fannie Mae have made progress in coming to a settlement with the mortgage giant and CUNA Mutual Insurance.