The National Credit Union Administration (NCUA) Board meet next week and are set to issue a final rule related to real estate appraisals and an exemption under the Bank Secrecy Act’s (BSA) customer identification program (CIP). The complete agenda includes: Board Briefing, Share Insurance Fund Quarterly Report. Board Briefing, Modern Examination and Risk Identification…
What ideas do you have for your credit union? Do you want to know how others face similar challenges? Are you simply wanting to connect…
The Consumer Financial Protection Bureau (CFPB) issued a request for information (RFI) as part of its work in assessing the impact of the rules that implement the Credit…
CrossState joined CUNA and other state leagues on a letter to the Federal Housing Finance Agency in response to a recently announced fee increases for certain refinanced…
The Consumer Financial Protection Burau (CFPB) has made available the following resources for 2021 Home Mortgage Disclosure Act (HMDA) filing: Filing Instructions Guide (FIG) for HMDA data…
The Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a statement setting forth its approach to enforcing the rules and regulations within the Bank Secrecy Act (BSA). According to…
The Consumer Financial Protection Bureau (CFPB) announced that it issued a consent order against Go Direct Lenders, Inc. (Go Direct), a California corporation that is licensed as…
If an examiner asked your credit union staff about money laundering prevention procedures, could they properly explain the “how” and “why” of their Bank Secrecy Act (BSA) responsibilities?…
On July 22, 2020, the Consumer Financial Protection Bureau (CFPB) issued a final rule amending parts of the Payday, Vehicle Title, and Certain High-Cost Installment Loans Rule,…
The National Credit Union Administration (NCUA) issued a regulatory alert, 20-RA-07 regarding the final rule that the Consumer Financial Protection Bureau (CFPB) issued on July 22, 2020 amending parts…
