Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
NCUA-CFPB Webinar Now Available Online
ALEXANDRIA, Va. (3/12/12)--The National Credit Union Administration has posted to its website an archived version of its recent virtual town hall webinar with Consumer Financial Protection Bureau (CFPB) Director Richard Cordray.

During the Feb. 5 webinar NCUA Chairman Debbie Matz noted that the agency continues to examine credit union derivatives issues, and a proposed rule on derivatives could be released in the first half of 2013.

Cordray previewed some of his agency's future plans during the webinar and noted a final version of the proposed remittance transfer regulations will be released in February or March, and will become effective 90 days after it is released. He also noted his agency is also considering giving credit unions that hold $2 billion or less in assets, and make more than 500 mortgage loans per year, safe harbor from portions of qualified mortgage/ability-to-repay regulations. (News Now Feb. 6)

Also topics discussed during the webinar were:

  • Mortgage servicing rules;
  • NCUA's Regulatory Modernization Initiative;
  • Implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; and
  • CFPB's proposed overdraft regulations.
More than 1,700 participants took part in the 90-minute webinar. The archived audio recording of the virtual town hall and a written transcript of the webinar are available by using the first resource link below.
Other Resources

NCUA Archived Webinar
RSS





print
News Now LiveWire
A recent report from @TransUnion says consumers born 1981 or later made up 27% of total auto-loan originations in 2014, up 16% from 2009.
1 hour ago
.@CUNA says new House bill is "further evidence" of lawmakers' interest in how @TheNCUA uses its funds from CUs. See News Now Monday.
21 hours ago
.@MECreditUnions announces winner of @YoungFreeME #SoundOff contest. @Sassquatch_Band will play Old Port Festival in June @PDD_Downtown
1 day ago
House Financial Services Com. to hold March 3 hearing to receive the semi-annual report of @CFPB Director Richard Cordray.
1 day ago
Rep. Jeff Miller (R-Fla.) re-introduced bill to ease veterans' access to loans for #smallbusiness purposes from a #creditunion (HR 1133)
1 day ago