A resource for credit unions in CA & NV, providing credit union financial and economic trend analysis, brought to you by your Leagues in partnership with CUNA & Affiliates.
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With these postings, compliance guides are now available for all of the new mortgage rules originally issued by the CFPB in January. The bureau plans to update these guides periodically as rule clarifications are finalized.
Click here to view the bureau's Small Entity Compliance Guide for the Loan Originator Rule.
Click here to view the bureau's Small Entity Compliance Guide for Mortgage Servicing Rules.
NEW TIPs BULLETIN
A new TIPs Bulletin published by the California and Nevada Credit Union Leagues have been posted on the Leagues' website regarding Nevada Senate Bill 310 (SB 310)—otherwise known as the Nevada ATM Disclosure Federal Conformity Bill.
Click here to view TIPs Bulletin 13-31 regarding the federal conformity bill for Nevada.
CHANGES TO IRS FORM 1098
updated 05/03/16 07:30 AM
SCRA Foreclosure Protection Extended
The Internal Revenue Service (IRS) has clarified changes to Form 1098—the Mortgage Interest Reporting form—as a result of the Surface Transportation Act signed into law last July. Beginning next year:
UNCLAIMED PROPERTY HANDBOOK
updated 04/26/16 07:15 AM
Plus, Title XIV Mortgage Updates
California State Controller's Office has issued an updated Unclaimed Property Holder Handbook with changes to reflect: