Senators seek update from DOJ on ADA
Following up on a letter sent last year, a group of senators led by Senate Judiciary
Committee Chairman Chuck Grassley, R-Iowa, is asking the Department of Justice
(DOJ) for an update on its efforts to provide clarity on website accessibility
standards under the Americans with Disabilities Act (ADA).
More TRID FAQs released
The CFPB Thursday released a new set of FAQs under the TILA-RESPA Integrated Disclosure
(TRID) rule, specifically related to providing loan estimates to consumers. NAFCU
has worked with the bureau to obtain more guidance for credit unions on this rule,
and one of the new FAQs confirms the association's interpretation of when a loan estimate is triggered.
CFPB
extends debt collection comment period
The CFPB has extended the comment
period on its rulemaking related to third-party debt collection by 30 days to
Sept. 18 to allow more time for interested parties to review and provide feedback
on the proposal. Credit unions can learn more about the proposed rule and submit
comments through NAFCU's Regulatory Alert.
$200.00 savings ends today w/code RISKSAVINGS
NAFCU
Risk Management Seminar
Better identify, measure and mitigate risk
FHA,
Ginnie Mae adjust requirements for cash-out loans
The Federal Housing
Administration (FHA) and Ginnie Mae have released plans to adjust their cash-out
policies to reduce risk, protect and preserve borrowers' home equity, and
be more transparent and attractive to investors.
Senate
passes debt ceiling, budget deal
Lawmakers in the Senate Thursday passed
the two-year $1.37 trillion budget deal before heading home for the August recess.
The deal – which also seeks to suspend the debt ceiling to July 2021 – passed
in the House last week, and the president is expected to sign it. Current government
funding is set to expire Sept. 30 at the end of the fiscal year.
$200
savings for 2 NAFCU conferences end today
Today is the last day credit
unions can save $200 off NAFCU's Risk Management Seminar with the code RISKSAVINGS
and Regulatory Compliance Seminar with code SEM19SAVINGS. Both conferences start
Oct. 1 in Savannah, Ga.; the codes can be used until 11:59 p.m. Eastern tonight.
