Legal Briefs

National Credit Union Administration (NCUA)

The NCUA released a new video highlighting the training available for small credit unions.

The NCUA and several other federal agencies are requesting comment on a proposed flood insurance rule. The agencies are asking for comments by Dec. 10, 2013. 

Consumer Financial Protection Bureau (CFPB)

The CFPB released clarifications and guidance regarding the mortgage servicing rules.

The CFPB released a report on student loan payment processing pitfalls. The release includes guidance to consumers on how to better communicate their preferences to servicers.

Federal Reserve Bank (FRB)

The FRB released the November 2013 HOEPA rates.

The October edition of FedFlash has been released.

Office of Foreign Assets Control (OFAC)

OFAC has updated the SDN list as of October 7, 2013. The last update prior to this was September 24, 2013.


Questions? Contact the Compliance Hotline: 1.800.546.4465,

Posted in Compliance News, Federal, NCUA.