Judge Thomas W. Thrash Jr. approved a settlement Friday between Home Depot and financial institutions in a lawsuit brought in the wake of a 2014 data breach. CUNA, state leagues and credit unions are among the plaintiffs.
More than 1,300 credit unions joined CUNA, CUNA Mutual Group and the Financial Services Information Sharing Center Thursday for a webinar on how credit unions can deal with the fallout after a data breach.
Since July 1, the 3 nationwide consumer reporting companies began enforcing stricter standards on the public records they collect. developing “enhanced” public record data standards for collection and updating of civil judgments and tax liens.
CUNA appreciates the Consumer Financial Protection Bureau’s efforts to decrease the burden on lenders with limited HELOCs, a credit union win, but asked the bureau to consider exempting credit unions, or further increasing the threshold.
Members of Congress and the administration released a statement on tax reform Thursday, in which the credit union tax status was not addressed. CUNA President/CEO Jim Nussle said CUNA will continue its engagement.
NCUA’s plan to close the Temporary Corporate Credit Union Stabilization Fund and setting the share insurance fund’s operating level was published in the Federal Register Thursday. Comments on the proposal are due by Sept. 5.
The House passed a CUNA-backed resolution of disapproval Tuesday for the CFPB's arbitration rule. CUNA has a number of concerns with the rule, and sent a letter of support in advance of the House vote.
The CFPB released several new resources relating to HMDA implementation, including updating the preview of its “HMDA Platform” system, an online-only system designed to guide filers through the reporting process and through which they can file.
CUNA's compliance staff receives a number of questions about TRID rule, leading to publication of a recent CompBlog post addressing means of delivery and timing requirements for the Loan Estimate and Closing Disclosure forms.