CU Staff

Summary: Overdraft Rule Review Pursuant to the Regulatory Flexibility Act (May, 2019)

Summary: Overdraft Rule Review Pursuant to the Regulatory Flexibility Act 12 CFR Part 1005 Consumer Financial Protection Bureau Prepared by the NASCUS Legislative & Regulatory Division May 2019 The Consumer Financial...

Summary: Proposed rule with request for comments re: the Home Mortgage Disclosure Act

Summary: Proposed rule with request for comments re: the Home Mortgage Disclosure Act 12 CFR Part 1003 Consumer Financial Protection Bureau Prepared by the NASCUS Legislative & Regulatory Division May...

Summary: CFPB Rule Expands Exemption from Establishing Escrow Accounts for Higher-Priced Mortgage Loans

21-RA-05: CFPB Rule Expands Exemption from Establishing Escrow Accounts for Higher-Priced Mortgage Loans March 2021 NCUA issued Regulatory Alert 21-RA-05 to provide FICUs information on the CFPB’s expansion of the...

Interim Final Rule Summary: Central Liquidity Facility (Part 725)

Prepared by NASCUS Legislative & Regulatory Affairs Department March 2021 NCUA issued an Interim Final Rule (IFR) extending enhancements to the Central Liquidity Facility (CLF) first enacted in 2020 in...

Summary: Proposed rule, Risk Based Net Worth – COVID 19 Relief; Complex credit union threshold (Part 702)

Summary: Proposed rule, Risk Based Net Worth – COVID 19 Relief; Complex credit union threshold (Part 702) Prepared by NASCUS Legislative & Regulatory Affairs Department February 2021 NCUA is proposing...

Final Rule Summary: Role of Supervisory Guidance (Part 791, Subpart D)

Final Rule Summary: Role of Supervisory Guidance (Part 791, Subpart D) Prepared by NASCUS Legislative & Regulatory Affairs Department February 2021   NCUA has finalized a rule codifying the Interagency...

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...

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)...

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...

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...

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...

Summary: Proposed rule, role of supervisory guidance (Part 791, Subpart D)

NCUA Proposed Rule, Role of Supervisory Guidance (Part 791, Subpart D) Summary Prepared by NASCUS Legislative & Regulatory Affairs Department December 2020  NCUA is proposing an addition to § 791 that would...