NASCUS Staff

Summary: Letter to Credit Unions 20-CU-15 Principles for Making Responsible Small-Dollar Loans

Letter to Credit Unions 20-CU-15 Principles for Making Responsible Small-Dollar Loans May 2020 NCUA issued LTCU 20-CU-15 to discuss interagency guidance issued together with the Federal Reserve System, FDIC, and...

Summary: Regulatory Alert 20-RA-03 CFPB Issues Interpretive Rule on Waiver of TRID and TILA Waiting Periods

Regulatory Alert 20-RA-03 CFPB Issues Interpretive Rule on Waiver of TRID and TILA Waiting Periods May 2020 NCUA’s Regulatory Alert discussed the CFPB’s interpretive rule clarifying when consumers can elect...

Summary: Regulatory Alert 20-RA-04 CFPB Increases Reporting Thresholds Under HMDA

Regulatory Alert 20-RA-04 CFPB Increases Reporting Thresholds Under HMDA May 2020 NCUA’s Regulatory Alert discusses the May 12, 2020 CFPB final rule amending parts of Regulation C which implement the Home Mortgage...

NCUA Final Rule: Part 722 Appraisals

NCUA Final Rule  Part 722                       Appraisals  Summary Prepared by NASCUS Legislative & Regulatory Affairs Department May 2020  NCUA has published a final rule amending Part 772 regarding appraisals for certain...

Summary: CFPB Debt Collection Practices (Regulation F)

Summary: CFPB Debt Collection Practices (Regulation F) 12 CFR Part 1006 The Consumer Financial Protection Bureau (CFPB) Prepared by the Legislative and Regulatory Affairs Department May 2020 The Consumer Financial...

Summary: CFPB Bulletin 2020-02 “Compliance Bulletin and Policy Guidance: Handling of Information and Documents During Mortgage Servicing Transfers”

Summary: CFPB Bulletin 2020-02 “Compliance Bulletin and Policy Guidance: Handling of Information and Documents During Mortgage Servicing Transfers” 12 CFR Part 1024 The Consumer Financial Protection Bureau (CFPB) Prepared by...

NASCUS State System Profile

The 2016 NASCUS State System Profile is a digital reference that profiles state credit union regulatory agencies—their structure, funding, personnel, examination programs—and outlines key state credit union powers—branching, chartering, field of...

Summary CFPB Bulletin 2020-01

CFPB Bulletin 2020-01 March 2020 Responsible Business Conduct: Self-Assessing, Self-Reporting, Remediating and Cooperating In 2013, the Bureau issued a Bulletin that identified several activities that individuals/businesses could engage in that...

The Week Ahead

The Week Ahead, a weekly rundown of webinars and meetings hosted by NASCUS and financial services organizations and law firms.The weekly overview of events will also note upcoming agency meetings and...

Summary: 20-Risk-01 Cybersecurity Considerations for Remote Work

NCUA Risk Alert: 20-Risk-01 Cybersecurity Considerations for Remote Work April 2020 Common cybersecurity risks for remote workers include Malware attacks, Phishing and other social engineering attacks, and Advance Persistent Threat (APT)...

Summary: Interim Final Rule Part 725 Central Liquidity Facility

NCUA Interim Final Rule Part 725   Central Liquidity Facility  Summary Prepared by NASCUS Legislative & Regulatory Affairs Department April 2020 NCUA has published an Interim Final Rule (IFR) making changes...

Summary:  Part 704  Corporate Credit Unions

NCUA Proposed Rule  Part 704  Corporate Credit Unions  Summary Prepared by NASCUS Legislative & Regulatory Affairs Department April 2020  NCUA is proposing changes to Part 704, the Corporate Credit Union...