MADISON, Wis., and DES MOINES, Iowa (7/16/13)--The Credit Union National Association and PolicyWorks, a credit union compliance firm, have partnered to create two mortgage lending compliance packages for credit unions: CUNA Mortgage Compliance Implementation Toolkit and ComplyRight Mortgage Compliance Solution.
The resource bundles are designed to facilitate the management and implementation of the new mortgage-compliance regulations and updates affecting the credit union movement.
The CUNA Mortgage Compliance Implementation Toolkit provides credit unions with the resources to address changes in mortgage regulation. Using the toolkit's advice, continuous updates and implementation materials, compliance personnel will be better able to prepare their credit unions for upcoming deadlines.
Providing coverage for an entire year, the bundle includes:
PolicyWorks' ComplyRight Mortgage Compliance solution expands upon the CUNA toolkit's implementation components. Through personal consultation and a customized plan, the bundle walks a credit union through specific actions and decisions.
The PolicyWorks ComplyRight Mortgage Compliance solution includes:
For more information, use the link.