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MCUA Urges Changes to CFPB's TILA-RESPA Rule

Nov
15
MCUA Urges Changes to CFPB's TILA-RESPA Rule

On November 6, 2012, the Missouri Credit Union Association (MCUA) filed a comment letter with the Consumer Financial Protection Bureau (CFPB) on the agency’s proposed rule to amend Regulation Z, Truth in Lending Act (TILA), and Regulation X, the Real Estate Se

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MCUA Offers Suggestions on CFPB's HOEPA Proposal

Nov
15
MCUA Offers Suggestions on CFPB's HOEPA Proposal

comment letter filed by the Missouri Credit Union Association (MCUA) with the Consumer Financial Protection Bureau (CFPB) addressed its proposed rule to amend Regulation Z to reflect changes to the Home Ownership Equity Protection Act (HOEPA) made under the Dodd-Frank Act.

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Comments Filed on CFPB's Finance Charge Proposal

Nov
15
Comments Filed on CFPB's Finance Charge Proposal

On November 6, 2012, the Missouri Credit Union Association (MCUA) filed a comment letter with the Consumer Financial Protection Bureau (CFPB).

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CU Champions Sweep Missouri Races

Nov
07
CU Champions Sweep Missouri Races

All four candidates endorsed by the Missouri Credit Union Association (MCUA) as 2012 Credit Union Champions won their respective races on Tuesday, Nov. 6, 2012. Champions include:

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NACHA Introduces ACH Network Risk Management Strategy

Nov
07
NACHA Introduces ACH Network Risk Management Strategy

NACHA – The Electronic Payments Association recently released its automated clearinghouse (ACH) risk management strategy.  The updated strategy is intended to balance risk with innovation for payments on the ACH network, and to allow for opportunities and efficient applications, while ensuring the quality and integr

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Reserve Requirements and Federal Reserve Update

Nov
07
Reserve Requirements and Federal Reserve Update

The Federal Reserve Board (Board) has delayed the implementation of the second phase of its program to simplify reserve requirement administration until June 27, 2013.  The delay aims to provide further development and testing of automated systems to ensure a smooth transition for affected depository institutions.

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CUNA Submits Letter to FHFA on Short Sale Guidance

Nov
07
CUNA Submits Letter to FHFA on Short Sale Guidance

The Federal Housing Finance Agency (FHFA) issued new short sale guidelines in August 2012, as part of its Servicing Alignment Initiative.  Under these guidelines, Fannie Mae and Freddie Mac will consolidate their existing short sale programs into one standard program effective November 1, 2012.  The new program will permit homeowners to sell their

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MCUA Files Comment Letters

Nov
05
MCUA Files Comment Letters

The Missouri Credit Union Association (MCUA) recently filed two comment letters with FASB and the CFPB. See below for details. 

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CFPB News and Updates - 11/5/2012

Nov
05
CFPB News and Updates - 11/5/2012

The following articles cover recent news and updates regarding the Consumer Financial Protection Bureau (CFPB).

Posted By Sharon Bahr read more

NCUA Board Issues Its 2013 Meeting Schedule

Nov
05
NCUA Board Issues Its 2013 Meeting Schedule

The National Credit Union Administration (NCUA) Board has scheduled its monthly meetings for the following dates in 2013. No meeting is scheduled for August; the meetings usually begin at 9 a.m.

  • Jan. 10
  • Feb. 21
  • March 14
  • April 18
  • May 16
  • June 20
  • July 25
  • Sept. 12
  • Oct. 24
  • Nov. 21
  • Dec. 12

 

Posted By Sharon Bahr read more

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