Landlords: Which regulations apply?
Many credit union compliance professionals are familiar with traditional mortgage transactions – when a member purchases his or her home with a loan from the credit union. However, the regulatory landscape ...
The latest from John Pettit
CUNA’s van Rijn talks ‘gamification’ with Buzzfeed
CUNA Senior Economist Jordan van Rijn talked with Buzzfeed recently about how things like leaderboards, rewards, points, and prizes in finance apps are “gamification,” or using game-like features to achieve ...
Senators introduce bipartisan bill to better protect CUs, members
Senate Banking Committee members Tina Smith, D-Minn., and Ben Sasse, R-Neb., Thursday introduced a NAFCU-sought, bipartisan bill – the Credit Union Employee and Member Safety Act – that would improve existing language ...
Choosing to offer ‘the benefit of the doubt’ eases diversity conversations
Carolyn White aims to create conversations that focus on “building up” instead of “tearing down.” Whether White is leading diversity courses or teaching employees about the need for compliance, she ...
Carrie Hunt named president of Virginia Credit Union League
Carrie Hunt, the National Association of Federally-Insured Credit Union’s longtime executive vice president of government affairs and general counsel, has been selected to head the Virginia Credit Union League. ...
QM policies and procedures and documentation requirements
We have blogged about the Consumer Financial Protection Bureau’s (CFPB) new general qualified mortgage (QM) definition a couple of times. The new general QM definition replaced the 43% debt-to-income ...
Your words matter, so stop doing these 3 things
It’s easy to underestimate the power of communication. It isn’t something we’re aware of at all times – from our body language to our tone to our word ...
How Gen Z and millennials differ financially
Much like Captain Ahab chasing the white whale, or Don Quixote tilting at windmills, banks and credit unions spent the better part of a decade searching for what exactly Millennials ...