On December 10, the Consumer Financial Protection Bureau (CFPB) announced the issuance of two final rules related to qualified mortgage (QM) loans: Final Rule – General QM…
The National Credit Union Administration (NCUA) announced that it has expanded its educational opportunities on its Learning Management Service (LMS), giving credit unions more resources to help them grow…
Kyle Hauptman became the 24th Board Member of the NCUA following a swearing-in ceremony held Monday at the agency’s Alexandria, VA, headquarters. NCUA Chairman Rodney Hood delivered the…
The New Jersey Senate Judiciary Committee approved with amendments legislation (S2508; A4250) that make permanent the authorization for notaries to perform certain acts remotely. The Assembly…
Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco discussed how information sharing is critical to identifying, reporting, and preventing financial crime. In his remarks to the annual…
As Congress ramps up discussion on relief legislation, the PA Chamber/Liability Coalition is seizing the opportunity to garner support for increased liability protections. In a letter to…
The Consumer Financial Protection Bureau (CFPB) issued final rules related to qualified mortgage (QM) loans. Lenders are required under the law to determine that consumers have…
Effective each year, the CFPB, IRS, Federal Reserve, and other entities update annual thresholds. Thresholds are typically tied to consumer price indexes to account for inflation….
The National Credit Union Administration (NCUA) is announcing several enhancements to the Fraud Hotline, which allows the public to report insider fraud concerns associated with credit union…
Staying up to date and informed about the latest changes in compliance can be a struggle in the best of times. Staying up to date during…
