Regulatory & Compliance

Total loans reach $631.5 billion as net worth ratio reaches highest level since 2008.

The Consumer Financial Protection Bureau issued a final rule Nov. 20 that requires the use of new, simplified mortgage disclosure forms available in English and Spanish that detail the terms of a mortgage to homebuyers.

The NCUA submitted its first Office of Minority and Women Inclusion Annual Report to Congress Nov. 15, providing details on Minority Depository Institutions required by the Dodd-Frank Act.

NCUA Board Member Michael Fryzel advocated for what he called the right sizing of risk-based capital rules for credit unions during a Nov. 15 speech to the American Association of Credit Union Leagues.

The corporate assessment era is over.

ALEXANDRIA, Va. In what was arguably the most important meeting of the year, the NCUA board approved a 6.7% in the 2014 operating budget, no projected corporate assessment for 2014 and a final CUSO rule. All items on the agenda received yes votes of approval from all three board...