News Archives
‘Seasoned QM’ final rule described
(Feb. 5, 2021) NASCUS’ latest summary of CFPB actions outlines the new rule on season qualified mortgages (QMs) under the Truth-in-Lending Act (Regulation Z); the summary was posted this week....
Harper to outline priorities in Feb. 11 webinar
(Feb. 5, 2021) The new chairman of the NCUA Board will discuss his priorities for the agency and the credit unions it supervises during a 90-minute webinar set for next...
NCUA chairman taps chief of staff
(Feb. 5, 2021) Catherine Galicia – with a long resume of service on Capitol Hill — has been selected as chief of staff by Board Chairman Todd Harper, the credit...
Reg Alert details CFPB thresholds for Regs C, Z, V
(Feb. 5, 2021) A regulatory alert focusing on 2021 threshold adjustments published by CFPB for Regulations C, Z and V was issued this week by NCUA, noting that all three...
Acting bureau director ends pause on HMDA reporting
(Feb. 5, 2021) CFPB will end the agency’s “pause” on quarterly Home Mortgage Disclosure Act (HMDA) reporting for large issuers, CARD Act data collection and more, according to a public...
WI Exec Forum, regulator National Meeting ahead
(Feb. 5, 2021) Two NASCUS events are on the horizon for March, and now’s the time to register to ensure participation in either (or both, in some cases). On March...
BRIEFLY: Harper, state regulators meet; FinCEN warns on health insurance frauds; Fed now slates FedNow payments service for 2023; Job opening in TX
(Feb. 5, 2021) New NCUA Board Chairman Harper met with state regulators this week during a regularly scheduled conference call of state regulators. During the hour-long “regulator to regulator” session,...
Harper takes the reins at NCUA
(Jan. 29, 2021) Todd M. Harper is now the NCUA Board chairman, succeeding Rodney Hood in the position, as the result of designation by President Joe Biden early this week....
NASCUS leader offers congratulations, thanks
(Jan. 29, 2021) On behalf of the state system, NASCUS President and CEO Lucy Ito congratulated new Chairman Harper, noting his experience with credit unions. “State regulators and credit unions...
Summaries look at latest letters to CUs, alert from agency
(Jan. 29, 2021) NASCUS summaries of recent NCUA letters to credit unions – and a summary of a regulatory alert issued by the agency – are among the latest to...
CFPB ‘Time-barred debt’ rule outlined
(Jan. 29, 2021) In addition to the three summaries of NCUA actions, NASCUS this week also posted a new summary of CFPB recent actions – this one on the bureau’s...
‘Experiment’ examines consumer priorities with debt, savings
(Jan. 29, 2021) Most consumers with savings would pay down some credit card debt but would also preserve a savings cushion rather than spend all of it retiring the balance,...