The Federal Reserve Board (Board) released its second Financial Stability Report of the year. This report summarizes the Board’s framework for assessing the resilience of the U.S….
The Small Business Administration (SBA) published steps last week to apply for Paycheck Protection Program (PPP) loan forgiveness for borrowers that may be eligible for loan forgiveness…
The Financial Crimes Enforcement Network (FinCEN) announced the renewal of its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies…
In July 2020, the Consumer Financial Protection Bureau (CFPB) issued a final rule to revoke the mandatory underwriting provisions of their Payday Lending Rule (12 CFR 1041)….
A second bill (S3082) that would authorize notaries to perform certain actions remotely has been introduced in the New Jersey Senate. The Assembly passed a remote notary…
The National Credit Union Administration (NCUA) posted its proposed rule clarifying the Role of Supervisory Guidance in the Federal Register. NCUA, along with the OCC, Federal Reserve…
After months, even years, of anticipation, the 2020 general election finally arrived. In a year that has been marked by a historic and deadly pandemic,…
Whether it’s credit unions educating their members or the many credit union employees working from home, you may benefit from the Federal Trade Commission’s (FTC)…
National Credit Union Administration (NCUA) Chairman Rodney E. Hood announced that the NCUA Board unanimously approved the selection of Myra Toeppe as the agency’s next Director of the Office…
CrossState Credit Union Association submitted a letter to provide comments on the National Credit Union Administration’s (NCUA) proposed rule to amend the regulation governing assessment of an…
