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|October 15, 2014|
|TIPs Bulletin #14-23||SB 1050—Notaries Public: Verification of Identity: New Boxed Notice Required|
|October 1, 2014|
|TIPs Bulletin #14-22||Assembly Bill 2293 – Mandates Baseline Insurance Requirements for Transportation Network Companies|
|TIPs Bulletin #14-21||California Unclaimed Property Holder Notice Reports Coming Due|
|TIPs Bulletin #14-20||Assembly Bill 2742 – Revised Model Language for California Consumer Caution and Home Ownership Counseling Notice|
|September 23, 2014|
|TIPs Bulletin #14-19||AB-1858 Change to Financing Statement|
|September 18, 2014|
|TIPs Bulletin #14-18||Reg Z and Reg M Exemption Threshold Adjustments|
Shared Compliance Services
CURoots offers a variety of services to help you keep pace with ever-changing regulatory compliance while you focus on day-to-day credit union business.
Internal Audit Services
CURoots can help your credit union identify potential issues, assess risk, and save valuable time and resources by providing expert assistance for your auditing needs.
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.
FinCEN: QUARTERLY UPDATE ON 'SARs'
updated 10/27/14 03:09 PM
Also, Mortgage Service Transfer Guidance
The Financial Crimes Enforcement Network (FinCEN) has issued its SAR Stats quarterly update, which provides information on Suspicious Activity Reports (SARs) filed through Sept. 30, 2014.
'NMLS' RENEWAL PERIOD BEGINS NOV. 1
updated 10/17/14 01:01 PM
Guidance for Mortgage Loan Originators
The Nationwide Mortgage License Servicing and Registry (NMLS) annual renewal period begins Nov. 1 and ends Dec. 31, where mortgage loan originator registrants must renew their registrations annually, according to federal regulations.