Compliance Center: CFPB, NCUA Publish Rulemaking Agenda Updates
CFPB and NCUA officials have announced semi-annual rulemaking agenda updates.
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Relationships Help Credit Unions Capture Growing Auto Loan Market
Northwest credit unions continue robust auto lending in a “hot” market. Data from CUDirect and Callahan & Associates finds Washington credit unions grew the category by 56 percent since late 2011, while Oregon credit unions increased by 34 percent.
Compliance Center: HUD Issues Guidance on Multifamily Assisted and Insured Housing Based on Equal Access to Housing Rule
HUD’s guidance aims to avoid discrimination against LGBT Americans; your question answered on NCUA’s record retention regs; plus this week’s legal briefs.
Oregon Supreme Court Ruling Partially Overturns Lower Court Ruling Regarding MERS
An Oregon Supreme Court ruling opens the door for financial institutions to return to a quicker, less expensive non-judicial foreclosure process. More on how the ruling could affect credit unions is explained in this week’s compliance report.