Regulator

NCUA Risk Alert 21-RA-03: Submission of 2020 Home Mortgage Disclosure Act Data

21-RA-03 Submission of 2020 Home Mortgage Disclosure Act Data February 2021 NCUA Regulatory Alert 21-RA-03 informs credit unions subject to HMDA reporting requirements in calendar year 2020 that loan/application data...

NASCUS Summary: NCUA Risk Alert 21-RA-02 — CFPB Publishes 2021 Threshold Adjustments Under Regulation C, Regulation Z and Regulation V

21-RA-02 CFPB Publishes 2021 Threshold Adjustments Under Regulation C, Regulation Z and Regulation V NCUA issued Regulatory Alert 21-RA-02 to inform credit unions on the CFPB’s threshold adjustments to Regulations...

Summary: Answers to Frequently Asked Questions Regarding Suspicious Activity Reporting and Other Anti-Money Laundering Considerations

Summary: Answers to Frequently Asked Questions Regarding Suspicious Activity Reporting and Other Anti-Money Laundering Considerations Prepared by NASCUS Legislative & Regulatory Affairs Department February 2021   On January 19, 2021,...

Summary: CFPB Seasoned Qualified Mortgage Loan Final Rule

CFPB Summary re: Seasoned Qualified Mortgage Loan Final Rule 12 CFR Part 1026 Prepared by the Legislative and Regulatory Affairs Division February 2021   The CFPB is issuing this final...

Summary: Request for Information, NCUA Communications & Transparency

Request for Information: NCUA Communications & Transparency Prepared by NASCUS Legislative & Regulatory Affairs Department January 2021 NCUA is seeking comments and information on how the agency can improve its communications...

Proposed rule, CUSOs (part 712)

Proposed Rule Summary, Part 712, CUSOs Prepared by NASCUS Legislative & Regulatory Affairs Department January 2021 NCUA is proposing to amend its credit union service organization (CUSO) regulation with the intention...

Proposed Rule, CAMELS Rating System

Proposed Rule Summary, CAMELS Rating System Parts 700, 701, 703, 704, 713 Prepared by NASCUS Legislative & Regulatory Affairs Department February 2021 NCUA is proposing to add the “S” (Sensitivity to...

Summary: LTCU 21-CU-02, NCUA’s Supervisory Priorities

Letter to Credit Unions 21-CU-02 NCUA’s 2021 Supervisory Priorities January 2021 NCUA’s Letter to Credit Unions (LTCU) 21-CU-02 identifies the agency’s supervisory priorities for 2021. NCUA also notes that it...

Summary of the Consolidated Appropriations Act 2021

Letter to Credit Unions 21-CU-01 Summary of the Consolidated Appropriations Act 2021 January 2021 NCUA’s LTCU 21-CU-01 discusses the provisions of the Consolidated Appropriations Act, 2021 (CAA 2021) that directly...

Summary: Regulatory Alert 21-RA-01: CFPB Amends Ability-to-Repay/QM Rule under TILA

Regulatory Alert 21-RA-01 CFPB Amends Ability-to-Repay/QM Rule under TILA January 2021 The CFPB has issued 2 final rules amending the Ability-to-Repay/Qualified Mortgage Rule (ATR/QM Rule) in Regulation Z. Both final...

2021 Exemption Thresholds Adjustments Under the Truth in Lending Act (Regulation Z) and the Consumer Leasing Act

Regulatory Alert 20-RA-09 2021 Exemption Thresholds Adjustments Under the Truth in Lending Act (Regulation Z) and the Consumer Leasing Act December 2020 NCUA’s Regulatory Alert notifies credit unions of the...

Summary: CFPB Statement of Policy on Applications for Early Termination of Consent Orders

CFPB Summary re: Statement of Policy on Applications for Early Termination of Consent Orders 12 CFR Chapter X The Consumer Financial Protection Bureau Prepared by the Legislative and Regulatory Affairs...