Proposed Regulations

 

 

The NCUA Board (Board) has proposed this rule because it believes asset securitization offers a number of benefits to credit unions.  Namely, it provides another tool with which credit unions can mitigate interest rate risk, it offers an alternative source for additional liquidity and funds, and it allows credit unions to streamline their balance sheets and focus capital where they need it most.

 

 The National Credit Union Administration (NCUA) is proposing to revise two of its regulations regarding appraisals.

1 Regulatory Alert Consumer Financial Protection Bureau: Request for Information – Mobile Financial Services 14-EA-14 NAFCU would like to highlight the following:  The Consumer Financial Protection Bureau (CFPB) is seeking information on use of mobile financial services by consumers to identify ways that mobile servic

Regulatory Alert Federal Housing Finance Agency Request for Input: Fannie Mae and Freddie Mac Guarantee Fees 14-EA-13 NAFCU would like to highlight the following:  The Federal Housing Finance Agency (FHFA) is seeking information about the guarantee fees (g-fees) that Fannie Mae and Freddie Mac (hereinafter, the Enterp

1 Regulatory Alert CFPB: Requests for Comment on Cure of Debt-to-Income Ratio Overages and Credit Extension Limit for Small Creditor Definition 14-EA-12 NAFCU would like to highlight the following:  The Consumer Financial Protection Bureau (CFPB) proposed certain amendments to the 2013 mortgage rules under the Truth i

1 Regulatory Alert National Credit Union Administration: 2014 Regulatory Review 14-EA-11 NAFCU would like to highlight the following:  The NCUA conducts a review of one-third of its existing regulations on an annual basis, and has published the list of regulations it is reviewing for 2014.  NAFCU is closely reviewing

1 Regulatory Alert Consumer Financial Protection Bureau: Proposed Amendments to Annual Privacy Notice 14-EA-10 NAFCU would like to highlight the following:  The Consumer Financial Protection Bureau (CFPB) proposed amendments to Regulation P that would allow credit unions, under certain conditions, to post their annual

1 Regulatory Alert Consumer Financial Protection Bureau: Proposed Amendments to 2013 Mortgage Rules under Truth in Lending Act (Reg Z) 14-EA-09 NAFCU would like to highlight the following: • The Consumer Financial Protection Bureau (CFPB) proposed amendments to the 2013, mortgage rules under the Truth in Lending Act (R

1 Regulatory Alert National Credit Union Administration: Associational Common Bond 14-EA-08 NAFCU would like to highlight the following:  The National Credit Union Administration (NCUA) is proposing to amend the associational common bond provisions of its chartering and field of membership manual.  The proposal would

1 Regulatory Alert Consumer Financial Protection Bureau: Regulation E; International Remittance Transfers Rule 14-EA-07 NAFCU would like to highlight the following:  The Consumer Financial Protection Bureau (CFPB) is proposing to extend an exception for international remittance transfers disclosures provided to federa

The National Credit Union Administration (NCUA), Office of Comptroller of the Currency, Treasury, Board of Governors for the Federal Reserve System, Federal Deposit Insurance Corporation, Bureau of Consumer Financial Protection, and Federal Housing Finance Agency have issued a proposed rule related to Appraisal Management Companies (AMCs).

The Federal Reserve Board issued a revised proposed rule to amend Subparts C and D of Regulation CC related to the availability of funds and the collection of checks.

The National Credit Union Administration (NCUA) is proposing to amend its voluntary liquidation regulation.

Replacing the agency's current risk-based net worth (RBNW) requirements with new risk-based capital requirements for federally insured natural person credit unions.

The Board of Governors of the Federal Reserve System (The Board or Fed) issued two proposed amendments designed to better align the Federal Reserve Banks (Reserve Banks) posting rules for check processing with actual deposit and presentment times, reflecting the industry's almost complete shift from paper to electronic check-processing.

The CFPB is seeking information on mortgage closing to help it identify ways to improve the mortgage closing process for consumers.

The proposed rule would amend NCUA regulations to require examinations and other contacts between NCUA staff and Federal Credit Unions' (FCUs) staff or officials to occur in a FCU's business office or other public location.

NACHA issued two proposed amendments to its operating rules designed to improve network quality by reducing the incidence of exceptions.

The Agencies are proposing joint standards for assessing the diversity policies and practices of the entities that they regulate, which includes credit unions.

The National Credit Union Administration (NCUA) released a proposed rule that would require annual stress testing for federally insured credit unions with $10 billion or more in assets.

This proposed rule requires credit unions with assets of more than $1 billion, or servicers acting on their behalf, to escrow premiums and fees for flood insurance for any loans secured by residential improved real estate or a mobile home.