Guidance on better serving and avoiding discrimination of lesbian, gay, bisexual and transgender Americans seeking U.S. Department of Housing and Urban Development housing has been issued by the agency.
Loan servicers will be required to delay mortgage foreclosures and evaluate borrowers for their eligibility for loss-mitigation programs, based on changes to the U.S. Department of Housing and Urban Development's Distressed Asset Stabilization Program
CUNA compliance staff recently responded to a query if credit unions are required to disclose the numerical value of the military annual percentage rate to borrowers covered under the Military Lending Act.
Following its groundbreaking comprehensive study on regulatory burden, CUNA released its new Regulatory Burden Calculator that allows individual credit unions to assess the impact of regulation on their operations.
After months of advocacy by CUNA, the CFPB Thursday wrote to CUNA announcing it will initiate a rulemaking this summer to address issues with the bureau’s Truth in Lending Act-Real Estate Settlement Procedures Act integrated disclosures rule.