New statement covers initial information on new FASB accounting standard ASU 2016-13, for estimating allowance for credit losses.
The Department of Housing and Urban Development has issued a final rule to formalize a national standard for determining whether a housing practice violates the Fair Housing Act as the result of a discriminatory effect.
The Standard Flood Hazard Determination Form has been revised. The agency will be allowing users a three-year transition period ending May 30, 2015, so user systems can be changed before final adoption of the form is required.
Strategic Link business partner Harland Clarke has introduced CheckFolio, the company’s new check packaging system that will replace its traditional checkbox.
The proposal would replace these ratings with either narrative standards or a credit unionâ€™s own internal standard.