Regulation and compliance
Regulation
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The Federal Housing Administration is reissuing a loan certification proposal that has sparked industry concerns that it will make it easier for the Justice Department to sue lenders when they file claims for agency-insured loans that go into default.
September 1 -
More than half of real estate agents are planning to extend their sales contracts to provide more time for the closing processing due to the coming implementation of new mortgage disclosures.
September 1 -
Symphony, the instant messaging service supported by fifteen large banks, says it will be ready to roll on Sept. 15 despite the objections of Sen. Elizabeth Warren and regulators who fear its encryption technology will impede supervision.
September 1 -
Pillsbury Winthrop Shaw Pittman LLP has named Marco Santori to head a team at the lawfirm that's focused on digital currency and blockchain technology.
September 1 -
Linda Juhan and Karen Zunk-Wolf received the orders from the NCUA and will be prohibited from participating in the affairs of any financial institution that is federally insured.
September 1 -
Though a recent poll shows strong support among credit union professionals for Donald Trump's presidential candidacy, analysts caution that opinions could change greatly by the time the 2016 election rolls around.
September 1 -
In the digital age, financial data is both a commercial tool and a means of detecting criminal activity. This leaves multinational financial institution issuers, especially those that operate in both the United States and the European Union, at risk for fines and litigation.
September 1 -
After years of heated debate, NCUA Chairman Debbie Matz has announced the federal regulator will open up the methodology it uses to calculate the OTR to public comment. Here, CU Journal offers a look at how and why OTR was created, and how we got to this point.
August 31 -
The National Association of Federal Credit Unions is calling for stricter regulation of marketplace lending.
August 31 -
A data breach-related court case involving Wyndham hotels and new Defense Department rules governing contractors provide banks some dos and don'ts in bringing vendors' security practices into line.
August 31 -
The National Association of Federal Credit Unions is calling for stricter regulation of marketplace lending.
August 31 -
ALEXANDRIA, Va. NCUA Chairman Debbie Matz said the agency will formally invite credit union stakeholders and the public to comment on the methodologies for calculating both the overhead transfer rate and the federal credit union operating fee.
August 31 -
As marketing services agreements disappear under pressure from regulators, loan officers will have to compete based on skill and customer service to win referral business.
August 31 -
The Iowa Credit Union Division on Friday was granted authority by a District Court to place SCICAP Credit Union, based here, into receivership.
August 31 -
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August 28 -
Old-fashioned banks and neobanks are both finding the battle for acquiring customers to be treacherous. So BankMobile, a mobile-first banking service, has launched an innovation lab-like division seeking new tech that could attract thousands of new customers per month.
August 28 -
As the Consumer Financial Protection Bureau finishes regulations dealing with mortgage data reporting, a similar set of requirements for small business loans is waiting in the wings.
August 28 -
TUSCALOOSA, Ala. At least one person wasn't surprised by the Alabama Credit Union Administration's decision to conserve Alabama One CU: its former CEO.
August 28 -
Banks need more clarity about the circumstances under which attorney-client privilege applies. Otherwise they may decline to ask questions about the legality of their actions, leading to even more compliance problems.
August 28 -
The Alabama Credit Union Administration on Thursday placed $598 million Alabama One Credit Union, based here, into conservatorship.
August 28





