ALEXANDRIA, Va. (6/27/14)--The National Credit Union Administration has unveiled a new Consumer Compliance Regulatory Resource web page designed to help credit unions comply with consumer lending rules required under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
"We've experienced a number of important changes to the rules governing mortgages and other consumer lending products and services since the passage of the Dodd-Frank Act," NCUA Chair Debbie Matz said.
"Often it's been difficult for credit unions to find the critical regulatory information they need, but NCUA's new Consumer Compliance Regulatory Resource web page consolidates these resources in a single, easily accessible location. I encourage all credit union compliance officers and managers to link to and use this new resource page."
The new page features content from the NCUA, Consumer Financial Protection Bureau, Federal Financial Institutions Examination Council and other federal agencies, and includes information on mortgage lending, credit cards and fair lending.
Credit unions can also access regulations, regulatory alerts, letters to credit unions, webinars, compliance guides, videos and other resources on the NCUA site.
Use the resource link below for more information.