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CFPB Delays Mortgage Disclosures to October 1

Jun
23
CFPB Delays Mortgage Disclosures to October 1

The Consumer Financial Protection Bureau (CFPB) has announced a two-month delay of a new rule, which would combine two mortgage disclosure regimes—the Real Estate Settlement Procedures Act (RESPA) and the Truth in Lending Act (TILA). The news broke during the Missouri Credit Union Association’s (MCUA) statewide training seminar that addressed TILA-RESPA (also known as TRID).

Posted By Nora Holloway read more

CFPB Calls for More Missouri Input

Jun
15
CFPB Calls for More Missouri Input

If your credit union offers overdraft protection (ODP) and has not participated in the Missouri Credit Union Association (MCUA) ODP survey – the Consumer Financial Protection Bureau is requesting your credit union’s input.

Posted By Nora Holloway read more

MCUA to Weigh In on Second Part of CFPB's Credit Card Market Review

Jun
15
MCUA to Weigh In on Second Part of CFPB's Credit Card Market Review

In a May 18th comment letter to the Consumer Financial Protection Bureau (CFPB), the Missouri Credit Union Association (MCUA) provided input on a number of issues related to the credit card market.

Posted By Sharon Bahr read more

Missouri Hike the Hill Kicks Off with CFPB Meeting

Jun
09
Missouri Hike the Hill Kicks Off with CFPB Meeting

A meeting with the Consumer Financial Protection Bureau (CFPB) kicked off Missouri’s Hike the Hill. Credit union leaders from across the state of Missouri met with the CFPB on June 8 to start their Washington, D.C. visits.

Posted By Nora Holloway read more

MCUA Cites Concerns with CFPB's Expanded Complaints and Compliments Plan

May
28
MCUA Cites Concerns with CFPB's Expanded Complaints and Compliments Plan

Plans by the Consumer Financial Protection Bureau (CFPB) to collect more information for its complaint database is raising concerns with the Missouri Credit Union Association (MCUA).  A comment letter filed by the MCUA on May 26, 2015, addressed the CFPB's Request for Informat

Posted By Sharon Bahr read more

MCUA Shares Information on Credit Card Market with CFPB

May
19
MCUA Shares Information on Credit Card Market with CFPB

On May 18, 2015, the Missouri Credit Union Association (MCUA) filed a comment letter on the Consumer Financial Protection Bureau's (CFPB) review of the credit card market. The CFPB's review includes 12 topic areas related to the consumer credit card market.

Posted By Sharon Bahr read more

MCUA Weighs In on CFPB's Safe Student Banking Initiative

Apr
02
MCUA Weighs In on CFPB's Safe Student Banking Initiative

The Missouri Credit Union Association filed a comment letter with the Consumer Financial Protection Bureau (CFPB) regarding its draft Safe Student Account Scorecard, which is part of the CFPB's initiative on safe student banking.

Posted By Sharon Bahr read more

MCUA Generally Supports CFPB's Rural and Underserved Proposed Rule

Apr
02
MCUA Generally Supports CFPB's Rural and Underserved Proposed Rule

The Missouri Credit Union Association (MCUA) filed a comment letter on March 30, 2015, that is generally supportive of CFPB's rural and underserved proposed rule.

Posted By Sharon Bahr read more

MCUA Comments on CFPB Prepaid Cards Proposal

Mar
24
MCUA Comments on CFPB Prepaid Cards Proposal

The Missouri Credit Union Association (MCUA) filed a comment letter on March 23, 2015, with the Consumer Financial Protection Bureau (CFPB) related to its proposal on prepaid cards. MCUA filed a letter on its own urging the Bureau to limit any new regulatory requi

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MCUA Raises Concerns with CFPB's Proposed Changes to Its Mortgage Servicing Rules

Mar
17
MCUA Raises Concerns with CFPB's Proposed Changes to Its Mortgage Servicing Rules

On March 16, 2015, the Missouri Credit Union Association (MCUA) filed a comment letter with the CFPB regarding proposed changes to the 2013 Mortgage Servicing Rules under RESPA (Reg X) and TILA (Reg Z).

Posted By Sharon Bahr read more

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