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|December 16, 2013|
|TIPs Bulletin #13-58||Final Rule: HUD’s Definition of Qualified Mortgage (QM)|
|TIPs Bulletin #13-57||Changes to NCUA Regulations Related to Credit Union Service Organizations|
|December 16, 2013|
|TIPs Bulletin #13-56||Final Rule to Exempt Subset of Higher-Priced Mortgage Loans
from Appraisal Requirements
|TIPs Bulletin #13-55||FFIEC Issues Final Guidance on Activities Conducted by Social Media|
|December 12, 2013|
|TIPs Bulletin #13-54||FinCEN, Federal Reserve Finalize Rule Amending Definitions in the Bank Secrecy Act|
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Click here to view the guide.
"Our goal with this guide is to provide an overview of the rule in a plain language and FAQ format which makes the content more accessible and consumable for a broad array of industry constituents, especially smaller businesses with limited legal and compliance staff," the bureau states in a communication that was sent to subscribers. "Although the guide gives an overview of the TILA Escrow Rule, it is not a substitute for the underlying rule."
FFIEC POSTS SOCIAL MEDIA GUIDANCE
updated 12/16/13 10:53 AM
Also: Mortgage Supervision, Readiness
Compliance staff and credit union executives are encouraged to take not of the following important announcements:
RENEW YOUR CU's NMLS RECORDS
updated 12/09/13 04:52 PM
Dec. 31 Deadline Approaching
Credit unions subject to the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) are encouraged to renew their Nationwide Mortgage Licensing System (NMLS) records.