NASCUS Staff

Summary: CFPB Seasoned Qualified Mortgage Loan Final Rule

CFPB Summary re: Seasoned Qualified Mortgage Loan Final Rule 12 CFR Part 1026 Prepared by the Legislative and Regulatory Affairs Division February 2021   The CFPB is issuing this final...

Summary: Request for Information, NCUA Communications & Transparency

Request for Information: NCUA Communications & Transparency Prepared by NASCUS Legislative & Regulatory Affairs Department January 2021 NCUA is seeking comments and information on how the agency can improve its communications...

Proposed rule, CUSOs (part 712)

Proposed Rule Summary, Part 712, CUSOs Prepared by NASCUS Legislative & Regulatory Affairs Department January 2021 NCUA is proposing to amend its credit union service organization (CUSO) regulation with the intention...

Proposed Rule, CAMELS Rating System

Proposed Rule Summary, CAMELS Rating System Parts 700, 701, 703, 704, 713 Prepared by NASCUS Legislative & Regulatory Affairs Department February 2021 NCUA is proposing to add the “S” (Sensitivity to...

Summary: LTCU 21-CU-02, NCUA’s Supervisory Priorities

Letter to Credit Unions 21-CU-02 NCUA’s 2021 Supervisory Priorities January 2021 NCUA’s Letter to Credit Unions (LTCU) 21-CU-02 identifies the agency’s supervisory priorities for 2021. NCUA also notes that it...

Summary of the Consolidated Appropriations Act 2021

Letter to Credit Unions 21-CU-01 Summary of the Consolidated Appropriations Act 2021 January 2021 NCUA’s LTCU 21-CU-01 discusses the provisions of the Consolidated Appropriations Act, 2021 (CAA 2021) that directly...

Summary: Regulatory Alert 21-RA-01: CFPB Amends Ability-to-Repay/QM Rule under TILA

Regulatory Alert 21-RA-01 CFPB Amends Ability-to-Repay/QM Rule under TILA January 2021 The CFPB has issued 2 final rules amending the Ability-to-Repay/Qualified Mortgage Rule (ATR/QM Rule) in Regulation Z. Both final...

2021 Exemption Thresholds Adjustments Under the Truth in Lending Act (Regulation Z) and the Consumer Leasing Act

Regulatory Alert 20-RA-09 2021 Exemption Thresholds Adjustments Under the Truth in Lending Act (Regulation Z) and the Consumer Leasing Act December 2020 NCUA’s Regulatory Alert notifies credit unions of the...

Summary: CFPB Statement of Policy on Applications for Early Termination of Consent Orders

CFPB Summary re: Statement of Policy on Applications for Early Termination of Consent Orders 12 CFR Chapter X The Consumer Financial Protection Bureau Prepared by the Legislative and Regulatory Affairs...

Summary — Interagency Proposed Rule re: Role of Supervisory Guidance

12 CFR Part 1074 (CFPB) Prepared by NASCUS Legislative and Regulatory Affairs Division November 2020 The OCC, Board, FDIC, NCUA and Bureau (collectively, “the agencies”) are inviting comment on a...

2016 Meeting Minutes

December 6, 2016 November 18, 2016 October 3-4, 2016 August 3, 2016 June 8, 2016 April 20, 2016 February 25, 2016