NCUA Looking for Good Faith Compliance With TILA/RESPA
NCUA Chair Debbie Matz told NAFCU CEO Dan Berger that the agency is looking for credit unions to exhibit reasonable and  good faith efforts to comply with the new TILA/RESPA combined disclosures that are effective August 1st. She added that the agency understands that credit unions may need time to do more extensive testing once their TILA/RESPA disclosure systems become fully operational. [3/27/15]