CFPB Proposes Extension of the Use of Estimates on Remittance Transfer Disclosures

The Consumer Financial Protection Bureau has released a proposed rule that would extend a temporary provision that allows credit unions to use estimates for certain fees on remittance transfer pricing disclosures. Also in today’s Anthem: Legal Briefs, and the Question of the Week: “Which logo do I use: Equal Housing Opportunity, or Equal Housing Lender?”

CFPB Issues Proposal to Clarify and Enhance January’s Mortgage Rules

Credit union comments had a significant impact on changes to the CPFB Mortgage Rules. The NWCUA compliance team reports some of the clarifications issued this week are substantial.