The National Credit Union Administration (NCUA) released its 2022 Annual Report (also referred to as the Performance and Accountability Report) which provides financial and high-level performance results for the agency. ...
The National Credit Union Administration (NCUA) Board approved a final rule amending its Subordinated Debt rule that was finalized in 2020. Chairman Todd M. Harper said, “I support this rule ...
The Consumer Financial Protection Bureau (CFPB) launched an inquiry into companies that track and collect information on people’s personal lives. In issuing this new Request for Information Regarding Data Brokers ...
The National Credit Union Administration (NCUA) released its Quarterly U.S. Map Review for the fourth quarter of 2022 showing that federally insured credit unions experienced continued growth in assets, shares ...
The Consumer Financial Protection Bureau (CFPB) recently released its Winter 2023 special edition of Supervisory Highlights to focus on its supervisory work related to violations of the law in connection ...
The Consumer Financial Protection Bureau (CFPB) recently requested the public’s input on the economic impact of the mortgage loan originator rules on small mortgage companies under the Regulatory Flexibility Act ...
The Consumer Financial Protection Bureau (CFPB) recently issued a new report regarding Buy Now, Pay Later (BNPL) products entitled, “Consumer Use of Buy Now, Pay Later: Insights from the CFPB ...
The U.S. Department of Housing and Urban Development (HUD) issued its final rule removing the London Interbank Offered Rate (LIBOR) as an approved index for adjustable interest rate mortgages (ARMs), ...
On February 27, 2023, the Financial Crimes Enforcement Network (FinCEN) issued an alert to financial institutions on the nationwide surge in check fraud schemes targeting the U.S. Mail. Fraud, including ...
On January 26, 2023, the NCUA Board voted to continue the temporary 18-percent interest rate ceiling for loans made by federal credit unions until September 10, 2024, based on the ...