Links in “Agencies”
- NCUA Finalizes 2015 Board Meeting Schedule
The NCUA has made their 2015 board meeting schedule available to the public. Videos of past meetings are available online here. [10/28/14]
- CFPB Releases List of Rural and Underserved Counties
The CFPB recently released the 2015 Rural or Underserved Counties List. This list is relevant for understanding requirements of escrow, ability to repay, high-priced mortgage loans, and other technical regulations. [10/28/14]
- FDIC to Discuss Underbanked Households
The FDIC is set to discuss the results of the 2013 National Survey of Unbanked and Underbanked Households. Interested parties can attend the meeting on October 29, 2014 at the FDIC's Virginia Square facility in Arlington, VA, or can tune in via webcast here. [10/28/14]
- The Biggert-Waters Act Is Getting Bigger
A proposal to amend flood insurance rules was made by five federal agencies. The proposed amendments focus on escrow requirements. A 60-day comment period will be allowed once the rule is published in the Federal Register. [10/27/14]
- NCUA: This Is the Job Youâre Looking For
Want your employees to love their jobs? Take a page out of the NCUAâs book. An annual employee survey finds that 90% of NCUA staff feel their work is important with 97% willing to put in extra effort to get their jobs done. [10/27/14]
- Light Month for NCUA Open Meeting
Only two actions approved for the October 2014 Open Meeting of the NCUA. The first is the technical amendments to the Corporate Rule regarding acquisitions, and the second involves the proposed joint agency revision to flood insurance regarding escrow rules and handling of certain detached structures. Meeting further announced no premium requirement for 2014. [10/24/14]
- Parlez-Vous CFPB?
The CFPB blog promotes its efforts to promote consumer finance protection services to the potential 24 million in the US that are self-identified as non-proficient English speaking. [10/24/14]
- Certain Nonprofits Added to the CFPB’s Ability-to-Repay Exemption
Tweaks to mortgage rules include hammering out the definition of nonprofit small servicers, the extension of the Ability-to-Repay exemptions to include certain nonprofit groups, and cases in which refunds to a consumer for excess points and fees may occur. [10/23/14]
- CFPB Updates Examinations for Mortgage Servicing Transfers
The CFPB's new ruling requires servicers to maintain policies and procedures that are designed to facilitate the transfer of information during mortgage servicing transfers and includes guidance on what examinations may be looking at. [10/23/14]
- A Wrist Slap for Turning in Their Homework Late
The NCUA issued a total of $17,111 in civil money penalties to 44 credit unions for not turning in their second-quarter Call Report data on time, the median penalty being $256. [10/23/14]
