Regulator Board Member

Treatment of Certain COVID-19-Related Loss Mitigation Options Under the Real Estate Settlement Procedures Act

Regulatory Alert 20-RA-06 Treatment of Certain COVID-19-Related Loss Mitigation Options Under the Real Estate Settlement Procedures Act August 2020 NCUA’s Regulatory Alert notifies credit unions of the CFPB’s interim final...

Annual Voluntary Credit Union Diversity Self-Assessment

Letter to Credit Unions 20-CU-23 Annual Voluntary Credit Union Diversity Self-Assessment August 2020 NCUA issued LTCU 20-CU-23 to encourage credit unions to completing NCUA’s Annual Voluntary Credit Union Diversity Self-Assessment. NCUA notes...

Update to NCUA’s 2020 Supervisory Priorities

Letters to Credit Unions 20-CU-22 Update to NCUA’s 2020 Supervisory Priorities July 2020 NCUA issued LTCU 20-CU-22 to update its Supervisory Priorities listed in LTCU 20-CU-01 in light of developments related...

Summary: Proposed Rule re: Qualified Mortgage Definition Under the Truth in Lending Act (Regulation Z): Extension of Sunset Date

Summary: Proposed Rule re: Qualified Mortgage Definition Under the Truth in Lending Act (Regulation Z): Extension of Sunset Date 12 CFR Part 1026 The Consumer Financial Protection Bureau Prepared by...

NCUA Documents

An comprehensive digest of NCUA training updates, agreements and correspondence.

Summary: Procedural Rule re: Advisory Opinions Pilot

Summary: Procedural Rule re: Advisory Opinions Pilot  The Consumer Financial Protection Bureau (CFPB)  Prepared by the Legislative and Regulatory Affairs Department 12 CFR Chapter X  July 2020 Summary: The Consumer...

Summary: RFI  Strategies for Future Examination & Supervision Utilizing Digital Technology

NCUA Request for Information (RFI): Strategies for Future Examination & Supervision Utilizing Digital Technology Prepared by NASCUS Legislative & Regulatory Affairs Department July 2020 Summary NCUA has published a Request for...

Part 745 (741.212 FISCUs)        

NCUA Proposed Rule: Part 745 (741.212 FISCUs) Joint Accounts Prepared by NASCUS Legislative & Regulatory Affairs Department June 2020  NCUA is proposing to amend its share insurance regulations, Part 745, related...

Summary: CFPB Advisory Opinion Proposal

Summary: CFPB Advisory Opinion Proposal 12 CFR Chapter X The Consumer Financial Protection Bureau Prepared by the Legislative and Regulatory Affairs Department  July 2020 The Consumer Financial Protection Bureau invites...

Field of Membership Rural Districts

Letter to Credit Unions 20-CU-21 Field of Membership Rural Districts July 2020 As a result of the SCOTUS (Supreme Court of the United States) denial of the ABA appeal of...

Phased Approach to On-site Operations

Letter to Credit Unions 20-CU-20: Phased Approach to On-site Operations June 2020 NCUA issued LTCU 20-CU-20 to inform stakeholders of NCUA’s current “multi-phase transition plan” for resuming its normal on-site operations...

Additional Guidance Regarding Servicing Hemp-Related Businesses

Letter to Credit Unions 20-CU-19: Additional Guidance Regarding Servicing Hemp-Related Businesses June 2020 NCUA has issued an update to guidance for credit unions related to serving Hemp businesses. The original guidance,...