Also: New Compliance Monitor tackles QM definition, court decision; CFPB virtual event on home appraisal bias
NAFCU TODAY | The News You Need Daily.
June 15, 2021
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NAFCU-sought items for CECL, FOM, more on spring reg agendas [ [link removed] ]
Administrative agencies – including the NCUA and CFPB – have released their spring regulatory agendas, which feature several items that NAFCU has been advocating for, as well as others that have already been introduced or included on previous rulemaking agendas. In a new insights post on NAFCU's Compliance, Risk & BSA Network and ONES + CFPB Supervision Network, NAFCU Director of Regulatory Affairs Ann Kossachev provided a comprehensive summary of the agendas.
New Compliance Monitor tackles price-based general QM definition, recent court decision [ [link removed] ]
The new edition of NAFCU's Compliance Monitor – a member-only, digital compliance resource – features an in-depth review of price-based general QM definition, including charts summarizing what has, and has not, changed in this rule, as well as a discussion of the recent delay in the deadline for this change and relevant Compliance Blog posts for additional information on QMs.
Today: CFPB virtual event on home appraisal bias [ [link removed] ]
Today at 1:00pm Eastern, CFPB Acting Director Dave Uejio will hold a virtual roundtable with federal agency, civil rights and consumer advocates and experts to explore how racial bias in housing appraisals may occur, and what steps the government can take to address it.
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NAFCU Calendar: [link removed]
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