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Dodd-Frank

CFPB Proposal to Amend Regulations X and Z

Sep
10
CFPB Proposal to Amend Regulations X and Z

Another comment letter was filed by the Missouri Credit Union Association (MCUA) and Credit Union National Association (CUNA) last week, this one with the CFPB in response to its proposed rule to amend Regulations X and Z to implement change

Posted By abucaida@mcua.org read more

CUNA Comment Letters

Jul
26
CUNA Comment Letters

CUNA Comments on CFPB Proposal re Disclosure of Consumer Complaint Data

Posted By Sharon Bahr read more

CFPB Request for Information on Reverse Mortgages and Report to Congress

Jul
06
CFPB Request for Information on Reverse Mortgages and Report to Congress

On June 28, the Consumer Financial Protection Bureau (CFPB) issued a request for information on reverse mortgages.  The agency also released a report to Congress regarding its research on reverse mortgages, as required by the Dodd-Frank Act.  The CFPB has rulemaking authority to implement federal consumer financial laws, including the Truth in Lending Act

Posted By Sharon Bahr read more

Credit Unions Voice Concern Regarding Pending Reg CC Rules

Jan
18
Credit Unions Voice Concern Regarding Pending Reg CC Rules

Another in a series of crucial changes authorized by the Dodd-Frank Act became effective July 21, 2011, this one requiring financial services organizations (FSOs) to begin making $200 available for withdrawal on the business day following the banking day of deposit.

More changes are coming. Many more. Last March, the Federal Reserve issued a lengthy list of proposed changes to Federal Reserve Regulation CC (Reg CC), although those stipulations are independent of the Dodd-Frank provisions.

Posted By abucaida@mcua.org read more
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