FOR IMMEDIATE RELEASE
WASHINGTON, DC (09/17/2013) – This week the Credit Union National Association (CUNA) unveiled a new compliance resource for CFPB Mortgage Rules.
“CUNA’s Compliance Team has been working at a feverish pace over the past few months to provide credit unions with useful compliance information to help them make sense of the 5000+ pages of new regulatory requirements,” said Valerie Moss, CUNA Senior Director of Compliance Analysis.
The new page, available to all members, has consolidated all of this information on a new one-stop Compliance Resource page for the 2013 mortgage rules. The page is easily accessed on the compliance landing page at www.cuna.org/compliance; or use the compliance tab on www.cuna.org and select "Compliance Resources - CFPB Mortgage Rules” from the drop down menu.
Notable resources available to credit unions on the new mortgage rules include:
- CUNA's e-Guide – our dues-supported online compliance manual (contains summaries, resources, latest developments and frequently asked questions on the rules)
- CUNA’s CompBlog - our dues-supported compliance blog (regularly covers the new rules)
- CUNA’s CompBlog Monthly Wrap Up newsletter
- Compliance articles in Credit Union Magazine (several articles on the various rules loaded on cuna.org/compliance)
- Compliance Charts on the various regulations
- Training opportunities available from CUNA's Center for Professional Development
- CUNA’s CompNotes – our newest resource that breaks each rule down into more manageable pieces (more editions of CompNotes coming soon)
For more information visit: http://www.cuna.org/cfpbmortgagecomplianceresources.aspx
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With its network of affiliated state credit union leagues, Credit Union National Association (CUNA) serves America's 6,900 state and federally chartered credit unions, which are owned by more than 96 million consumer members. Credit unions are not-for-profit cooperatives providing affordable financial services to people from all walks of life. For more information about CUNA, visit www.cuna.org or follow @CUNA on Twitter. For more information about credit unions, visit www.aSmarterChoice.org and follow @asmarterchoice on Twitter.