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2013 CUNA Volunteer Institute in Punta Cana

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MADISON, Wis. (10/24/12)--The CUNA Volunteer Institute will be held May 19-22 in Punta Cana, Dominican Republic, the Credit Union National Association (CUNA) announced. 

The CUNA Volunteer Institute offers sessions and discussions, led by industry experts, with content for credit union volunteers, specifically board and committee members. Attendees will explore enterprise risk management, opportunities for volunteer advocacy, strategies for reaching a younger demographic and other topics designed to help volunteers make impactful decisions at their credit unions.

Some sessions at CUNA Volunteer Institute will qualify for credits toward CUNA's Certified Credit Union Volunteer designation.

Equifax to pilot IRS eTranscript program

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CHICAGO (10/24/12)--Equifax has been selected by the Internal Revenue Service (IRS) to participate in the IRS' new eTranscript pilot program, "Send My Transcript."

In residential mortgage lending, the IRS Form 4506-T is required to originate or modify loans under the new Fannie Mae Loan Quality Initiative, with tax transcripts required to validate income. Historically, the process for requesting and obtaining tax transcripts has been manual--typically with a minimum 48-hour turnaround--and often results in long timelines and lost documents that delay or prohibit loan closing, said Equifax.

Through the IRS' "Send My Transcript" online application service borrowers, can order a transcript online from the IRS' website and have it instantly delivered to their lender.

Equifax was selected as a pilot vendor because of its long-standing relationship with the IRS and history of driving automation in tax transcript delivery.