BECU Chosen for CFPB’s eClosing Pilot

BECU is among seven financial institutions selected to pilot eClosing with the Consumer Financial Protection Bureau.

Compliance Question of the Week

Where can we find the home ownership counseling list?

CFPB’s Chow to Discuss Regulations, Hear Feedback from Northwest Credit Unions

Before the ink has even dried on the CFPB’s rules implementing Dodd-Frank mortgage requirements, Northwest credit unions will have the opportunity for face-to-face dialogue with Edwin Chow, the agency’s regional director, through an exclusive discussion session on Feb. 4.

CFPB’s Cordray Talks Shop with Northwest Credit Unions

A small group of Northwest credit union leaders met with CFPB Director Richard Cordray at the Seattle Central Public Library on Wednesday to learn more about the bureau’s operations and direction and to share concerns with the agency’s leaders.

How Has the CFPB Impacted Credit Unions?

Hal Scoggins, featured presenter at the NWCUA’s upcoming Legal Update Seminar, discusses the main ways the CFPB has impacted credit unions and gives a glimpse at what’s to come as the bureau continues to expand its authority.

CFPB Turns its Attention to Checking Accounts

The CFPB is no longer confining its attention to loans, as Wednesday, Feb. 22, marked the launch of the CFPB’s inquiry into checking accounts and overdraft protection programs.

Cordray Names Date, Markus as CFPB Department Heads

Recently appointed as director of the CFPB, Richard Cordray tabbed Raj Date and Kent Markus as department heads within the newly-operational bureau.