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CCUL Headlines: Compliance

CFPB's mortgage rules a heavy compliance burden for credit unions

Wednesday, September 18, 2013  
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The new mortgage rules become effective January 1, 2014 less than 4 months away. CUNA understands that credit unions are struggling to meet this deadline and has developed a survey to provide the CFPB with quantifiable evidence of the burden to credit unions.

If your credit union offers mortgages please take a few minutes to complete CUNA's survey by September 23, 2013. Let the CFPB know how these new rules and their deadlines impact your credit union.