CUNA Unveils Mortgage Compliance Resources on CUNA.org

WASHINGTON – CUNA has unveiled a new compliance resource for CFPB Mortgage Rules.

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“CUNA’s Compliance Team has been working at a feverish pace over the past few months to provide credit unions with useful compliance information to help them make sense of the 5,000+ pages of new regulatory requirements,” said Valerie Moss, CUNA senior director of compliance analysis.

The new page, available to all members, has consolidated all of this information on a new one-stop Compliance Resource page for the 2013 mortgage rules. CUNA said the page is easily accessed on compliance landing page at www.cuna.org/compliance; or use the compliance tab on www.cuna.org and choose on "Compliance Resources - CFPB Mortgage Rules” from the drop down menu.

CUNA said notable resources available to credit unions on the new mortgage rules include:

• CUNA's e-Guide – the association’s dues-supported online compliance manual (contains summaries, resources, latest developments and frequently asked questions on the rules)

• CUNA’s CompBlog  - a dues-supported compliance blog (regularly covers the new rules)

• CUNA’s CompBlog Monthly Wrap Up newsletter

• Compliance articles in Credit Union Magazine (several articles on the various rules loaded on cuna.org/compliance)

• Compliance Charts on the various regulations

• Training opportunities available from CUNA's Center for Professional Development

• CUNA’s CompNotes – a new resource that breaks each rule down into more manageable pieces. CUNA said more editions of CompNotes are coming soon

For more info: http://www.cuna.org/cfpbmortgagecomplianceresources.aspx

 


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