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News Now

Washington
Remittance, Mortgage Rule Consumer Resources Offered By NCUA
ALEXANDRIA, Va. (11/6/13)--New remittance and mortgage lending rules are explained for consumers in a new National Credit Union Administration Consumer Protection Update video and other online content.

"These videos and webpages provide useful information about complying with the new mortgage lending and remittance transfer rules. Anyone at a credit union with responsibility for underwriting or servicing mortgages or making international wire transfers would benefit from watching these videos and reviewing the related material on our the consumer protection website," NCUA Chairman Debbie Matz said.

In the videos, NCUA Office of Consumer Protection Director Gail Laster outlines NCUA's plan for implementing the new rules and explains how these new regulations will better protect consumers.

Similar information has been posted on the NCUA's MyCreditUnion.gov page.

For more, use the resource link.
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