Credit Union Advisory Council Member

Letter to Credit Unions 23-CU-06 Importance of Contingency Funding Plans

Letter to Credit Unions 23-CU-06 Importance of Contingency Funding Plans NASCUS Legislative and Regulatory Affairs Department August 1, 2023 On July 28, 2023, the NCUA issued Letter to Credit Unions...

Interagency Guidance on Reconsiderations of Value of Residential Real Estate Valuations

Proposed Interagency Guidance with Request for Comment Interagency Guidance on Reconsiderations of Value of Residential Real Estate Valuations NASCUS Legislative and Regulatory Affairs Department July 25, 2023 On July 21,...

NCUA: Minority Depository Institution Preservation Program Proposed Interpretive Ruling and Policy Statement

Minority Depository Institution Preservation Program Proposed Interpretive Ruling and Policy Statement National Credit Union Administration NASCUS Legislative and Regulatory Affairs Department July 28, 2023 In 2015, the NCUA Board approved...

CFPB Summary: Interagency Proposal on Quality Control Standards for Automated Valuation Models

CFPB Summary re: Interagency proposal on quality control standards for automated valuation models The OCC, Board, FDIC, NCUA, CFPB, and FHFA invite comment on a proposed rule to implement the...

Summary of NCUA Letter 23-CU-05: Interagency Commercial Real Estate Loan Accommodations and Workouts

NASCUS Legislative and Regulatory Affairs Department July 10, 2023 On, June 29, 2023, the National Credit Union Administration (NCUA) issued Letter to Credit Unions 23-CU-05: Commercial Real Estate Loan Accommodations...

Summary of NCUA Notice and Request for Comment on the Existing Operating Fee Schedule Methodology

NASCUS Legislative and Regulatory Affairs Department July 10, 2023  The National Credit Union Administration (NCUA) Board has published a Notice and Request for Comment Regarding NCUA Operating Fee Schedule Methodology....

Multi-Agency Summary: Quality Control Standards for Automated Valuation Models

Notice of Proposed Rulemaking and Request for Comment Agencies:  Quality Control Standards for Automated Valuation Models NASCUS Legislative and Regulatory Affairs Department June 15, 2023 On June 1, 2023, the...

Summary: NCUA Notice and Request for Comment on the Existing Operating Fee Schedule Methodology

 Summary of NCUA Notice and Request for Comment on the Existing Operating Fee Schedule Methodology NASCUS Legislative and Regulatory Affairs Department June 26, 2023 The National Credit Union Administration (NCUA)...

NCUA Proposed Rulemaking Part 721: Charitable Donation Accounts

Notice of Proposed Rulemaking and Request for Comment NCUA Part 721: Charitable Donation Accounts NASCUS Legislative and Regulatory Affairs Department June 12, 2023 The National Credit Union Administration (NCUA) has...

CFPB Proposed Rule on Residential Property Assessed Clean Energy Financing (Regulation Z)

Summary re: CFPB Proposal on Residential Property Assessed Clean Energy Financing (Regulation Z) 12 CFR Part 1026 Section 307 of EGRRCPA (Economic Growth Regulatory Relief and Consumer Protection Act) directs...

Summary: U.S. Department of Treasury De-Risking Strategy Report

U.S. Department of Treasury De-Risking Strategy Report NASCUS Legislative and Regulatory Affairs Department May 31, 2023 Background Section 6215 of the Anti-Money Laundering Act of 2020 (AMLA) requires the Department...

U.S. Department of Treasury Illicit Finance Risk Assessment of Decentralized Finance

Summary U.S. Department of Treasury: Illicit Finance Risk Assessment of Decentralized Finance NASCUS Legislative and Regulatory Affairs Department May 31, 2023 Background On April 6, 2023, the US Department of...