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Update On CUNA Materials on Ability to Repay/QM Rule

Feb
19
Update On CUNA Materials on Ability to Repay/QM Rule

The Credit Union National Association (CUNA) posted a Final Rule Analysis on the Consumer Financial Protection Bureau's (CFPB) Ability-to-Repay and Qualified Mortgages rule. Of significance, the CUNA Final Rule Analysis includes a quick summary and a new section regarding “CUNA’s Initial Take on the Impact of the Rule.” In that section, we briefly address some positive issues as well as concerns about the implementation of the rule.

Posted By Sharon Bahr read more

Missouri Credit Unions Asked to Respond to CFPB International Remittance Transfer Rule

Aug
31
Missouri Credit Unions Asked to Respond to CFPB International Remittance Transfer Rule

Missouri Credit Unions Asked to Respond to CFPB International Remittance Transfer Rule

Missouri credit unions have an opportunity to weigh in on the Consumer Financial Protection Bureau’s (CFPB) final rule on international remittance transfers.  CFPB Director Richard Cordray has asked the Credit Union National Association (CUNA) to assemble a working group that will meet with him in-person to discuss the rule and its impact on credit unions. 

Posted By Amy McLard read more
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