Topics in this week’s edition include: InfoSight Content Updates FAQs From the IRS re: Child Tax Credits and Offsets CFPB Releases More Resources for Military…
InfoSight eNewsletter
Topics in this week’s edition include: FinCEN Exchange on Ransomware FHFA Cancels Adverse Market Refinance Procedural Notice on PPP Guarantee Purchases Direct Deposit of Child…
InfoSight eNewsletter
Topics in this week’s edition include: Four Signs You Might Need InfoSight CFPB Bulletin on Reporting Rental and Eviction Information OFAC: Do Not Forget Your…
InfoSight eNewsletter
Topics in this week’s edition include: CFPB Amends Reg X with Temporary Foreclosure Safeguards NCUA Shares Interagency Statement CDC Extends Eviction Moratorium for Last Time…
NCUA Releases Q1 2021 State-Level Credit Union Data Report
Federally insured credit unions continued to experience double digit asset and share-and-deposit growth over the year ending in the first quarter of 2021, according to…
InfoSight eNewsletter
Topics in this week’s edition include: FFIEC Announces Availability of 2020 Data on Mortgage Lending FBI: Scams Target Older Victims June 18, 2021 NASCUS Report…
InfoSight eNewsletter
Topics in this week’s edition include: Cannabis and Hemp-Related Accounts Elder Financial Exploitation Training CFPB Issues Interpretive Rule on Authority to Resume MLA Exams CFPB…
InfoSight eNewsletter
Topics in this week’s edition include: InfoSight Content Update CFPB Adds FAQs on Escrow Accounts Advance Child Tax Credit Payments to Begin on July 15 NCUA…
2021 CDRLF Grant Round Closes June 26
Low-income-designated credit unions seeking Community Development Revolving Loan Fund (CDRLF) grants, including MDI mentoring grants, have until June 26 to submit their applications.
InfoSight eNewsletter
Topics in this week’s edition include: Administration Proposes Expanded Reporting to IRS FinCEN Innovation Hours Program on Privacy Enhancing Technologies Yellen Asks Congress for Project…
CU PolicyPro to Host Training Sessions for CU Users
CU PolicyPro recently launched a fully redesigned policy management system for its credit union users. The new system includes a modern, easy-to-navigate design to help users…
InfoSight eNewsletter
Topics in this week’s edition include: Nacha Requests Feedback on Proposals and Posts RFI Fed Chair’s Message on Potential for Central Bank Digital Currency FTC Schedules…
NCUA Issues Regulatory Alert
On April 30, 2021, the Consumer Financial Protection Bureau (CFPB) published in the Federal Register a final rule amending the Ability-to-Repay/Qualified Mortgage Rule (ATR/QM Rule) in Regulation Z.
Maine Mask Mandate Lifted
Beginning May 24, Governor Mills will lift the indoor mask mandate regardless of vaccination status for all spaces with the exception of schools and child…
Infosight eNewsletter
Topics in this week’s edition include: Register for CU PolicyPro Training Agencies Extend Comment Period for Info Gathering on Uses of AI Fed Extends Reg O…
InfoSight eNewsletter
Topics in this week’s edition include: Federal Financial Regulators to Hold Webinar on Emergency Capital Investment Program CFPB Issues Annual Report on Servicemember Affairs CFPB…
CU PolicyPro Gets a Fresh New Look
League InfoSight has refreshed CU PolicyPro, making the new product more intuitive and user-friendly. In addition to enhanced usability and aesthetics, updates to the CU…
InfoSight eNewsletter
Topics in this week’s edition include: Qualified Mortgage Changes CFPB Issues Consumer Complaint Bulletin NASCUS Offers a Cannabis & Hemp eSchool CFPB Action Against Reverse…
InfoSight eNewsletter
Topics in this week’s edition include: CFPB Delays Compliance Date for General QM Final Rule Employer Tax Credits for Paid Leave for Vaccinations Sixth Batch…
Cannabis Banking Educational Opportunities
The National Association of State Credit Union Supervisors (NASCUS) is offering a virtual cannabis school, June 9–11. The League also is exploring programming that can…
InfoSight eNewsletter
Topics in this week’s edition include: NCUA Temporarily Modifies CU Regs First Action Filed Under COVID-19 Consumer Protection Act Community Development Revolving Loan Fund (CDRLF)…
NCUA Board Renews Prompt Corrective Action Relief
The National Credit Union Administration (NCUA) Board approved, by notation vote, an interim final rule that temporarily modifies certain regulatory requirements to help ensure federally insured…
InfoSight eNewsletter
Topics in this week’s edition include: Agencies Issue Statement and Request for Information on Bank Secrecy Act/Anti-Money Laundering Compliance Freddie and Fannie to Limit Loan…
U.S. Supreme Court Rules in Favor of a Narrow Definition of Autodialing System
The U.S. Supreme Court has ruled on Facebook v. Duguid and upheld the narrow statutory definition of “automatic telephone dialing system” in the Telephone Consumer…
InfoSight eNewsletter
Topics in this week’s edition include: CU PolicyPro Migration Five Ways to Prepare for Your Next Exam Without a Lot of Stress Proposed Mortgage Servicing…