NASCUS Staff

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...

Member Videos

NASCUS Video Channel November 7, 2024, from 3:00 pm – 4:00 pm EST Link to presentation L&R Committee Webinar Series: Fraud Trends The next topic in our series of complimentary...

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...

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...

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...

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...

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...

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...