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CFPB Summary: Final rule, qualified mortgage loan definition

Summary of Qualified Mortgage Loan Definition Final Rule 12 CFR Part 1026 Prepared by the Legislative and Regulatory Affairs Division Feb. 5, 2021   The Bureau issued a final rule...

Capitalization of Unpaid Interest

Letter to Credit Unions 21-CU-07 Capitalization of Unpaid Interest August 2021 Effective July 30, 2021, NCUA has lifted the prohibition on federally insured credit unions (FICUs) capitalization of interest in...

Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act (RESPA), Regulation X

21-RA-08 CFPB Amends Mortgage Servicing Requirements for Borrowers Affected by the COVID-19 Emergency July 2021 NCUA issued Regulatory Alert to discuss the CFPB’s final rule temporarily amending certain mortgage servicing requirements...

Summary: Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act (RESPA), Regulation X

Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act (RESPA), Regulation X April 2021   CFPB Summary re: Protections for Borrowers Affected by the...

Comment Letter: Policy for Setting the Normal Operating Level

 July 26, 2021 Melane Conyers-Ausbrooks Secretary of the Board National Credit Union Administration 1775 Duke Street Alexandria, VA 22314 Re: NASCUS Comments on Policy for Setting the Normal Operating Level...

CFPB Summary re: Debt Collection Practices (Time-Barred Debts)

CFPB Summary re: Debt Collection Practices (Time-Barred Debts) 12 CFR Part 1006 Prepared by the Legislative and Regulatory Affairs Division January 25, 2021   The Consumer Financial Protection Bureau (CFPB)...

Letter to Credit Unions: 21-CU-06 NCUA to Implement Phase One of Resuming Onsite Operations

Letter to Credit Unions 21-CU-06 NCUA to Implement Phase One of Resuming Onsite Operations July 2021— NCUA has announced that it is prepared to move into its first phase of...

CFPB Summary: Final Rule re: Debt Collection Practices (Communications)

CFPB Summary: Final Rule re: Debt Collection Practices (Communications) 12 CFR Part 1006 Prepared by the Legislative and Regulatory Affairs Division January 2021 The Bureau issued a final rule to...

Final Rule Summary: Transition to CECL (Part 702)

Final Rule Summary: Transition to CECL (Part 702)                  Prepared by NASCUS Legislative & Regulatory Affairs Department June 2021 NCUA has issued a...

Summary: Final rule, Temporary Regulatory Relief in Response to COVID-19 — Extension

NCUA Final Rule Temporary Regulatory Relief in Response to COVID-19: Extension Summary   Prepared by NASCUS Legislative & Regulatory Affairs Department January 2021 NCUA is extending is extending the effective...

Final Rule Summary: Derivatives (Parts 701, 703, 741, & 746 )

Final Rule Summary: Derivatives (Parts 701, 703, 741, & 746)                 Prepared by NASCUS Legislative & Regulatory Affairs Department June 2021 NCUA has issued...

Summary: NCUA Proposed Rule BSA Part 748

Summary: NCUA Proposed Rule BSA Part 748  Prepared by NASCUS Legislative & Regulatory Affairs Department January 2021 NCUA is proposing to provide, on a case-by-case basis, exemptions from SAR filing...