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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For TIPs Bulletin 14-13, click here.
For TIPs Bulletin 14-12, click here.
New Consumer Compliance Regulatory Resource
To help credit unions comply with the new mortgage rules and other consumer lending rules required by the Dodd-Frank Wall Street Reform and Consumer Protection Act and other laws, the National Credit Union Administration (NCUA) has unveiled its Consumer Compliance Regulatory Resource webpage.
It features content from the NCUA, Consumer Financial Protection Bureau (CFPB), Federal Financial Institutions Examination Council (FFIEC), and other agencies on mortgage lending, credit cards and fair lending, and other topics. Credit unions can access regulations, regulatory alerts, letters to credit unions, webinars, compliance guides, videos, and other resources.
FFIEC Launches Cybersecurity Webpage
The Federal Financial Institutions Examination Council (FFIEC) has launched a webpage on cybersecurity—a central repository for current and future FFIEC-related materials on cybersecurity.
For more information, click here.
Webinar on TILA-RESPA Disclosures
Last week the Consumer Financial Protection Bureau (CFPB) took part in a webinar on integrated disclosures related to the Truth-In-Lending Act and Real Estate Settlement Procedures Act—the first in a series of webinars addressing new rules.
To access the webinar, click here.
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: