NASCUS

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,...

Principles for assessing financial stability efforts published

Principles for assessing the financial stability efforts of federal oversight bodies – by third parties and on their own behalf – were published in a report Thursday by the Government...

BRIEFLY: ‘Aggressive action’ on COVID-19 relief violations vowed; Call reports due by Sunday; VA has job positions open; Webinar looks at Treasury’s capital investment program

(Jan. 29, 2021) The new acting director of the CFPB said in a statement released Thursday that the bureau will be taking “aggressive action” in response to cases where financial...

Biden administration takes first steps In molding federal regulatory process

(Jan. 22, 2021) The new president’s administration was at work reworking the federal regulatory process on the same day that Joe Biden took the oath of office, issuing a “regulatory...

President outlines new regulatory review process

(Jan. 22, 2021) Producing a set of recommendations for improving and modernizing federal regulatory review was ordered by President Biden Wednesday, with an aim of ensuring “swift federal action,” according...