CFPB Releases Four Guides on Managing Someone Else’s Money

The Consumer Financial Protection Bureau (CFPB) just released four guides to help financial caregivers understand their role as a fiduciary.

CFPB Publishes Compliance Guides for the Loan Originator and Mortgage Servicing Rules

The CFPB has issued another round of new “plain-English” rule overviews; the latest addressing Loan Originator and Mortgage Servicing Rules. The weekly compliance report covers the bases for credit union professionals.

Compliance Question of the Week

How can I learn more about setting up an escrow account?