Retired
Small Business Lending Data Collection
Summary: CFPB Proposal Regarding Small Business Lending Data Collection The Consumer Financial Protection Bureau (CFPB) issued a notice of proposed rulemaking seeking comment on its proposal to implement the small...
Digital Assets & Related Technologies
Request for Information & Comment: Digital Assets & Related Technologies Prepared by NASCUS Legislative & Regulatory Affairs Department August 2021 NCUA has issued a Request for Information and Comment (RFI) on...
Implementation of Modernized Systems
LTCU 21-CU-08 Implementation of Modernized Systems August 2021 NCUA’s LTCU 21-CU-08 provides an update on the agency’s technology modernization efforts supporting NCUA’s examination, data collection, field of membership, and reporting efforts....
Capitalization of Unpaid Interest
Letter to Credit Unions 21-CU-07 Capitalization of Unpaid Interest August 2021 Effective July 30, 2021, NCUA has lifted the prohibition on federally insured credit unions (FICUs) capitalization of interest in...
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...
Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act (RESPA), Regulation X
21-RA-08 CFPB Amends Mortgage Servicing Requirements for Borrowers Affected by the COVID-19 Emergency July 2021 NCUA issued Regulatory Alert to discuss the CFPB’s final rule temporarily amending certain mortgage servicing requirements...
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...
Summary: Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act (RESPA), Regulation X
Protections for Borrowers Affected by the COVID-19 Emergency Under the Real Estate Settlement Procedures Act (RESPA), Regulation X April 2021 CFPB Summary re: Protections for Borrowers Affected by the...
Comment Letter: Policy for Setting the Normal Operating Level
July 26, 2021 Melane Conyers-Ausbrooks Secretary of the Board National Credit Union Administration 1775 Duke Street Alexandria, VA 22314 Re: NASCUS Comments on Policy for Setting the Normal Operating Level...
NCUA to Implement Phase One of Resuming Onsite Operations
Letter to Credit Unions 21-CU-06 NCUA to Implement Phase One of Resuming Onsite Operations July 2021— NCUA has announced that it is prepared to move into its first phase of...
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)...
Final Rule Summary: Transition to CECL (Part 702)
Final Rule Summary: Transition to CECL (Part 702) Prepared by NASCUS Legislative & Regulatory Affairs Department June 2021 NCUA has issued a...