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By Sarah Snell Cooke |
May 20, 2013
Last week Credit Union Times, via CUTimes.com, broke the story that former Oregon Senator Rick Metsger was going to the be the White House’s nominee to fill the vacant seat on the NCUA Board, later confirmed by the administration.
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By Sarah Snell Cooke |
May 16, 2013
If recent history is any indicator, nomination to the NCUA Board is no assurance of joining the NCUA Board, at least not quickly.
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By Heather Anderson |
May 15, 2013
The Consumer Financial Protection Bureau has issued a proposed rule and request for comment regarding a temporary delay in the June 1 effective date of a final rule provision that would prohibit the financing of credit insurance into a mortgage.
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By Heather Anderson |
May 9, 2013
Provision was to take effect on June 1. CUNA has asked for extension until January.
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By Heather Anderson |
May 8, 2013
The Consumer Financial Protection Bureau released its final remittance rule April 28 and gave providers six months to comply, setting an Oct. 28 effective date. The bureau had originally proposed a 90-day compliance window following its release of the final rule.
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By Heather Anderson |
May 6, 2013
FHFA said the GSEs will generally not buy loans that don't meet the CFPB's new "ability to repay rule."
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By Heather Anderson |
May 1, 2013
Ever since Rep. Jeb Hensarling (R-Texas) and Rep. Maxine Waters (D-Calif.) were named the chairman and ranking member of the House Financial Services Committee late last year, Capitol Hill observers have waited for the two members of Congress and their polar opposite ideologies to clash publicly.
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By Heather Anderson |
April 30, 2013
Bureau issues final rule Tuesday without any credit union-requested changes.
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By Marc Rapport |
April 29, 2013
Reg Z change will allow third-party income to be considered under CARD Act of 2009.
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By Heather Anderson |
April 24, 2013
Bureau report takes on deposit advance loans but stops short of promising new rules.