Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
NEW: CFPB Releases Mortgage Rule Readiness Guide
WASHINGTON (UPDATED: 7/8/13, 1:20 P.M. ET)--The Consumer Financial Protection Bureau today released the first edition of its 2013 Dodd-Frank Mortgage Rules Readiness Guide.

The bureau in a release said the guide was developed to help institutions of all sizes evaluate their readiness for the impending mortgage rule changes.

The guide provides high level topics that institutions should consider as they implement these rule changes, the CFPB added.

Topics covered in the document include key areas that may be closely examined during a review, and compliance management elements that may warrant review, modification, or other enhancement.

The CFPB said it plans to update the readiness guide as rule clarifications and amendments are finalized and new issues are identified.

For the full document, use the resource link.
Other Resources

CFPB Document
RSS





print
News Now LiveWire
#NewsNow: @CUNA-CFA survey results suggest 3-3.5% increase in holiday spending. http://t.co/GjcDvvwfzy
14 hours ago
.@WOCCU promoted financial inclusion as a sustainable development goal at two separate @UN events this month.
16 hours ago
Colo. authorities OK first-ever #marijuana-focused CU #NewsNow http://t.co/77qj6O3bcu
16 hours ago
.@Vancity busts some Black Friday retail myths http://t.co/q8Wht3CcRc
16 hours ago
Things get hairy at #creditunions during #Movember http://t.co/Hc6tYRMSY8
18 hours ago