Latest developments from the NCUA (National Credit Union Administration), prudential regulator of federal credit unions and savings insurer for members of federal and state credit unions.
Title: Charitable Donation Accounts Subject: Incidental powers Agency: NCUA Status: Final rule Summary: The NCUA Board (Board) is amending the charitable donation accounts (CDAs) section of the NCUA’s incidental powers rule. Specifically, the Board […]
The asset threshold would be raised to $2 million for exempting credit unions from paying annual operating fees to their federal regulator under a proposal issued by the agency board Wednesday. Released with the unanimous […]
Many of the COVID-19 related guidance points for credit unions were rescinded Thursday by their federal regulator, which noted the cessation of the federal government’s public health emergency declaration in early April. The National Credit […]
A rule proposed in early June that recognizes the increasing frequency of use of automated valuation models (AVMs) by mortgage lenders in determining the value of property is out for comment until Aug. 21, according […]
Title: Quality Control Standards for Automated Valuation Models Subject: Residential mortgage valuation Agency: CFPB, Federal Reserve, FDIC, FHFA, NCUA, OCC Status: Proposed rule Summary: The Office of the Comptroller of the Currency (OCC), Federal […]
Testimony from the president’s nominees for Federal Reserve Board terms and public discussion of the National Credit Union Administration’s operating fee schedule methodology are slated over the next two days. On Wednesday, the Senate Banking […]
A request for comment on the methodology for the agency’s operating fee schedule is slated for consideration during the National Credit Union Administration (NCUA) Board’s open meeting next Thursday, according to the meeting agenda. The […]
Credit unions are being warned to take action against a vulnerability in a popular file transfer application among financial institutions known as “MOVEit,” their federal regulator said Friday. According to the National Credit Union Administration […]
Capital and liquidity, cybersecurity, consumer financial protection, and inclusion will be the priorities for the federal credit union regulator in the years ahead, the chairman of the agency’s board said Tuesday. Speaking to a conference […]
Reconsiderations of value (ROVs) for residential real estate valuations that allow consumers to provide financial institutions with information that may not have been considered during an appraisal, or if deficiencies are identified in the original […]
Copyright (c) 2022, RegReport.info; Contact: editor@regreport.info