CFPB Issues Changes to Servicing Rule that Goes into Effect This Week

The interim rule is effective Oct. 19. Comments are due within 30 days of Federal Register publication.

FinCEN Corrects Beneficial Ownership Form

Some additions will likely require adjustments in the implementation plans of financial institutions and third-party service providers.

Credit Cards Now Covered Under Military Lending Act

The final provision of the Military Lending Act goes into effect this week. What does this mean for credit unions?

League InfoSight Announces ComplySight Enhancement

ComplySight, a service available through NWCUA’s partnership with InfoSight, adds complaint management capabilities at no additional cost to credit unions.

Labor Law Updates

Federal district court in Texas overturns the DOL’s final rule regarding overtime; OMB issues a stay on EEOC rule that would require larger employers to provide pay data on the annual EEO-1 report.

Regulators Update CECL FAQs

This update from the NCUA and other federal regulators includes 14 new answers credit unions will want to review.

Advice for Credit Unions Following the Equifax Data Breach

Information to share with your members, including steps they can take to protect their information.

Identity Theft Prevention Program Checklist

Review these questions to ensure your credit union’s identity theft program is effective.

How Can InfoSight Products Better Serve Your Credit Union?

In an ever-changing regulatory environment, your feedback on our compliance information products is crucial. Please take a moment to complete a short survey about how InfoSight can best support your credit union’s compliance needs.

CFPB Announces 2018 Regulation Z Thresholds

See the changes that will apply to certain consumer credit transactions in 2018.

CFPB Issues Final Rule Amendments to HMDA

The amendments temporarily change the reporting requirements for HELOCs and clarify what information financial institutions are required to collect about their mortgage lending.

ESIGN Reminders

A snapshot of electronic signature requirements.

DOL Court Brief Indicates Potential 18-Month Delay in Fiduciary Rule Effective Date

Pending the approval of the Office of Management and Budget, the effective date would be pushed back to July 1, 2019.

CFPB Unveils Prototypes of New Regulation E Overdraft Opt-in Disclosures

The prototype forms are designed to give consumers more clarity about the costs, risks, and benefits of participating in overdraft coverage.