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From the Editors of CU Weekly

CFPB CREATES REG IMPLEMENTATION PAGE
updated 06/18/13 08:46 AM
Mortgage-Related Resources Provided
The Consumer Financial Protection Bureau (CFPB) has launched a new Regulatory Implementation Page, which consolidates the bureau's new 2013 mortgage rules and related implementation materials.

This effort will "support rule implementation and ensure the industry is ready to comply with the new borrower protections," the agency stated in a message to financial institutions.

Click here to view the CFPB's Regulatory Implementation Page.

The new page is "the central access point for our mortgage-related implementation materials," the agency said, including:

  • Mortgage rules at a glance
  • Small entity compliance guides
  • Videos
  • Quick reference charts
  • 2013 rural or underserved counties list
  • Other helpful materials

"Our goal with this page is to provide access to our mortgage-related implementation resources though a single web page that makes the rule content more accessible for a broad array of industry constituents, especially smaller businesses with limited legal and compliance staff," the bureau stated.

Although these implementation materials give an overview of the rules, they are not substitutes for the underlying rules.

 
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POLICYWORKS MLA UPDATE
updated 08/23/16 07:36 AM
Plus, DoD's Database Info
PolicyWorks, compliance services powered by your League membership, is hosting a Military Lending Act (MLA) Town Hall webinar on Thursday, Aug. 25 to discuss upcoming changes to the rule.

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INFOSIGHT SURVEY REQUEST
updated 08/16/16 08:09 AM
Plus, Latest PolicyWorks Newsletter
League InfoSight has issued an annual survey regarding its products (InfoSight, CU PolicyPro and ComplySight), requesting credit unions complete the survey prior to Aug. 26. These survey results will help League InfoSight ensure these compliance products are meeting the needs of credit unions. Click here to access the survey.

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