Compliance Center: CFPB Releases PMI Cancelation and Termination Guidance

Get the latest on the CFPB’s guidance; your Compliance Question of the Week answered; plus this week’s legal briefs.

‘Know Before You Owe’ Rule to be Delayed Two Months

The CFPB announced that it had discovered an administrative error, which prompted the delay.

Compliance Question of the Week

What are the required elements of a small estate affidavit?

CFPB Issues Proposals to Remittance Transfer Rule

The CFPB is seeking comment on four proposed changes to the Remittance Transfer Rule, all of which are considered beneficial to financial institutions that will continue offering remittance transfer services.

Regulatory Cliff Now Has an Extended Effective Date

The CFPB extended the effective date for several mortgage disclosures that are required by the Dodd-Frank Act to Jan. 21, 2013, delaying several of the act’s provisions until the final TILA-RESPA rules are in effect.

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.

Compliance Question of the Week

How should I title an inherited IRA?

Reminder: Effective Date of Employee Rights Notice

As of Jan. 31, 2012, most private sector employers will be required to post a notice advising employees of their rights under the National Labor Relations Act.

Regulatory Advocacy Update

The NWCUA’s Regulatory Advocacy team works with state and federal regulators to help reduce the regulatory burden on credit unions and protect the credit union movement. Included here are updates from the NCUA and the CFPB.

Breaking: Oregon Congressman Resigns After Pressure from Leadership

David Wu’s announcement comes after allegations of improper relations with a contributor’s daughter.

Win Big at the Willamette Chapter Casino Night

The Willamette chapter’s event benefits the Chapter and its scholarship for the Western CUNA Management School.

New ATM Accessibility Standards Set

The Department of Justice instituted new regulations on the accessibility of the input and output controls at the ATM, outlines Member Access Pacific.

Legal Briefs October 1, 2010

Your update of the regulatory landscape.

CMG to Host Free Health Care Reform Webinar, CUNA Strategic Service Adds Reg. E Webcast Date

Business Solutions: Information from the League’s Business Partners