|Tom Wolfe, Attorney with Moore Brewer Wolfe Jones Tyler and North|
NEW CALIFORNIA MORTGAGE LAWS
updated 03/04/13 07:42 PM
Legislation May Affect Your CU
A series of bills, known as the California Homeowner’s Bill of Rights, was signed by Gov. Jerry Brown in 2012. These new laws impact mortgage lending practices in California, and credit unions operating in the state should be aware of their provisions.
The bills include the following provisions:
EXPERTS GIVE ADVICE TO CREDIT UNIONS updated
09/18/14 11:26 AM
Your Problem: Solved
Risk-based pricing (compliance), creating an operational plan (strategic planning), and making a solid value proposition (marketing) are all highlighted within the latest “Problem? Solved!” column in Credit Union Digest.
GOV. BROWN SIGNS AB 2293 INTO LAW updated
09/18/14 05:06 PM
Relieves CUs of Collateral Burden
California Gov. Jerry Brown signed legislation today mandating baseline insurance requirements for Transportation Network Companies (TNCs)—a move that will help credit unions burdened by a significant reduction in collateral value when accidents occur to these companies’ drivers.
SEPTEMBER: NAT'L PREPAREDNESS MONTH updated
09/17/14 09:13 AM
CO-OP Reminds CUs to Be Ready
The magnitude 6.1 earthquake that struck Napa, CA on Aug. 24 serves as a reminder for vigilant disaster preparedness, as members depend on their credit unions more than ever in times of emergency.
ARTICLES CALL ON LAWMAKERS TO ACT updated
09/15/14 02:07 PM
Data Breaches in Focus
Various opinion articles defending the credit union movement’s stance on data breaches were published in five regional and community newspapers across California and Nevada within the past week as the latest data theft incident at national retailer Home Depot continues to be critiqued in the media spotlight.