Regulator Staff
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...
Final Rule Summary: Derivatives (Parts 701, 703, 741, & 746 )
Final Rule Summary: Derivatives (Parts 701, 703, 741, & 746) Prepared by NASCUS Legislative & Regulatory Affairs Department June 2021 NCUA has issued...
Interagency Statement on the Issuance of the AML/CFT National Priorities
Letter to Credit Unions 21-CU-05 Interagency Statement on the Issuance of the AML/CFT National Priorities July 2021 — NCUA issued LTCU 21-CU-05 to provide credit unions information on the issuance of AML/CFT...
CFPB Summary re: Debt Collection Practices (Time-Barred Debts)
CFPB Summary re: Debt Collection Practices (Time-Barred Debts) 12 CFR Part 1006 Prepared by the Legislative and Regulatory Affairs Division January 25, 2021 The Consumer Financial Protection Bureau (CFPB)...
Legal Opinion 21-3500 Proposed Capital Markets Funding Program for Credit Unions
Legal Opinion 21-3500 Proposed Capital Markets Funding Program for Credit Unions April 23, 2021 NCUA issued Legal Opinion 21-3500 to address issues related to a credit union funding program in...
CFPB Summary: Final Rule re: Debt Collection Practices (Communications)
CFPB Summary: Final Rule re: Debt Collection Practices (Communications) 12 CFR Part 1006 Prepared by the Legislative and Regulatory Affairs Division January 2021 The Bureau issued a final rule to...
Final Rule Summary: Capitalization of Interest (Parts 741)
Final Rule Summary: Capitalization of Interest (Parts 741) Prepared by NASCUS Legislative & Regulatory Affairs Department June 2021 NCUA has issued a final rule lifting the Part 741 Appendix B...
Summary: Procedural rule re: Advisory Opinions Policy
CFPB Summary: Procedural rule re: Advisory Opinions Policy 12 CFR Chapter X Prepared by the Legislative and Regulatory Affairs Division December 2020 The Consumer Financial Protection Bureau (CFPB) is issuing...