Belz
to FHFA: CUs play important role in housing market
Kaua'i Government
Employees Federal Credit Union CEO Monica Belz yesterday delivered remarks on
behalf of NAFCU at the Federal Housing Finance Agency's (FHFA) listening session on sustainable homeownership.
CFPB
supervisory highlights showcase wide range of violations
The Consumer
Financial Protection Bureau (CFPB) today issued a report highlighting legal violations
from the agency's 2020 examinations. The agency issued $124 million in remediation
and civil money penalties as a result of its 2020 enforcement actions.
New
BSA Blast details updates from FinCEN, FFIEC
A new edition of NAFCU's
BSA Blast – in its user-friendly digital format with direct links to each section
– is now available on the association's website. The second quarter issue
details updates from the Financial Crimes Enforcement Network (FinCEN) and Federal
Financial Institutions Examination Council (FFIEC).
Register for the 2021 Innovation Spotlight
[Virtual Event]
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FHFA
announces prohibition on foreclosure filings for GSE-backed mortgages until CFPB
mortgage foreclosure rule takes effect
The Federal Housing Finance
Agency (FHFA) Tuesday announced it will prohibit foreclosure filings on loans
sold to Fannie Mae and Freddie Mac – the government-sponsored enterprises (GSEs)
– before the CFPB's new mortgage foreclosure rule takes effect Aug. 31.
