Compliance Center: Supreme Court Rules Junior Mortgages Cannot Be Voided in Bankruptcy

Learn more about the Supreme Court’s decision; your question answered about cashing an “on-us” check; 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.

Supreme Court Justice Susan Owens Welcomed by Washington Credit Unions

Washington credit unions offered support to Supreme Court Justices Susan Owens, Steve Gonzales and returning candidate Richard Sanders, who face election Aug. 7. Anthem tagged along for Justice Owens’ visits to credit unions.

Compliance Review of Healthcare Benefits in Order Following Supreme Court Decision

Credit unions should perform compliance reviews following the Supreme Court ruling mostly upholding the Affordable Health Care Act. Provisions already implemented will remain in effect, and now is the time to prepare for the pending requirements.

Supreme Court Ruling Creates Concerns, Opportunities for Credit Unions

The Supreme Court ruling mostly upholding the Affordable Health Care Act gives credit unions reasons to address compliance concerns for their coverage.

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 is an update on a recent HUD proposal.

Supreme Court to Look at RESPA Case

The case has significant implications for credit unions as it will consider if a consumer can sue in federal court when there is no evidence of actual injury.