WASHINGTON (2/26/16)--Space is still available at a March 1 webinar for those with questions about the Truth in Lending Act-Real Estate Settlement Procedures Act integrated disclosures rule and construction lending.
WASHINGTON (2/26/16)--A Dear Colleague letter addressed to the Consumer Financial Protection Bureau urging the agency to use its authority to protect credit unions has gained several dozen signers from House representatives--a direct result of this week’s credit union visits with legislators.
WASHINGTON (2/23/16 UPDATED 3:55 P.M. ET)--Consumer Financial Protection Bureau (CFPB) Director Richard Cordray told a crowd of nearly 5,000 CUNA Governmental Affairs Conference attendees today that credit unions should be applauded for making consumer protection job No. 1, even before the existence of the CFPB.
WASHINGTON (2/11/16)--As a U.S. House Financial Services subcommittee gears up for today’s hearing on short-term, small-dollar lending, CUNA presented its concerns that the Consumer Financial Protection Bureau has taken a “broadsword approach” that could seriously hinder credit unions’ ability to serve their most vulnerable members.
WASHINGTON (2/11/16)--CUNA President/CEO Jim Nussle said he was “deeply troubled” by the misinterpretation of the Consumer Financial Protection Bureau’s exemption authority, as expressed by Director Richard Cordray Tuesday.
ALEXANDRIA, Va. (2/10/16)--National Credit Union Administration Chair Debbie Matz and Consumer Financial Protection Bureau Director Richard Cordray were joined Tuesday by their agencies' staff to answer credit union questions in a 90-minute webinar.
ALEXANDRIA, Va. (2/8/16)--There’s still time to register for Tuesday’s webinar featuring National Credit Union Administration Chair Debbie Matz and Consumer Financial Protection Bureau Director Richard Cordray.
LOUISVILLE, Ky. (2/4/16)--The Consumer Financial Protection Bureau should continue to allow credit unions to shape their products to the needs of its members in future rulemakings, CUNA said Wednesday in response to a bureau field hearing.
WASHINGTON (1/29/16)--Consumer complaints about financial services such as debt settlement, check cashing, money orders and credit repair are the subject of this month’s snapshot from the Consumer Financial Protection Bureau.
CUNA is concerned with a report on consumer testing used by the CFPB to analyze periodic statement forms for consumers in bankruptcy, but concurs with some of its findings. The bureau issued a report in February on its study.