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.
Answers to your crucial questions can be less than one business day away. Post your question here, and a talented compliance professional will get back to you quickly! Or if you prefer, call the PolicyWorks compliance hotline to speak directly with our knowledgeable consultants.
Compliance Hotline: (844) 731-6072
Continue for Ask PolicyWorks
TIPs Bulletin 14-05 highlights several California laws taking effect in 2014 that may impact credit unions, including administration, collections, employment, immigration, lending, and other topics of interest.
TIPs Bulletin 14-04 looks at the scope of the Consumer Financial Protection Bureau’s (CFPB) final rule and official interpretation that combine certain disclosures that consumers receive in connection with applying for, and closing, on a mortgage loan under the Truth in Lending Act (Regulation Z) and RESPA (Regulation X).
TIPs Bulletin 14-03 gives crucial information on the Internal Revenue Service’s (IRS) information-return forms, including a link to the actual form, the title, what to report, the amounts to report, the IRS’s due date, and the recipient’s due date.
TIPs Bulletin 14-02 provides insight into HMDA’s requirement on some credit unions to collect data about their housing-related lending activity, and includes the filing deadline for 2013 HMDA data and the HMDA data entry software.
TIPs Bulletin 14-01 examines the CFPB’s final rule amending the official commentary that interprets the requirements of the bureau’s Regulation C (home mortgage disclosure) to reflect a change in the asset-size exemption threshold based on the annual percentage change in the Consumer Price Index for urban wage earners and clerical workers (CPI-W).
'Town Hall' With CFPB’s Richard Cordray
NCUA Board Chairman Debbie Matz will host another free town hall webinar with Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), on Feb. 12 at 12 p.m. (Pacific).
The webinar is an opportunity for credit union leaders and compliance officials to engage their regulator and get answers to important questions, especially on the CFPB’s new mortgage rules.
Online registration is available by clicking here. Participants will use this same link to log into the webinar, and they should allow pop-ups from this website.
During the webinar, participants can type in questions about any topic related to the credit union industry or the CFPB’s work. Participants can also submit advance questions at WebinarQuestions@ncua.gov. The subject line of the email should read NCUA-CFPB Town Hall.
For technical questions about accessing the webinar, please send an email to email@example.com.
NEW SPANISH TILA-RESPA TOOLKIT
updated 07/28/15 09:18 AM
Plus, Unclaimed Property Seminar
The Consumer Financial Protection Bureau (CFPB) has released a Spanish edition of “Your Home Loan Toolkit,” the consumer guide that is designed to replace the current Settlement Cost booklet when the TILA-RESPA Integrated Disclosures rule goes into effect on Oct. 3.
POLICYWORKS LEAGUE COMPLIANCE SITE
updated 07/21/15 08:59 AM
League Member-Exclusive Content
The PolicyWorks League members’ only website provides member credit unions with ongoing compliance support as benefit of League membership. The website houses a library of compliance information and communications to assist credit unions with their compliance needs.