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CUNA unveils mortgage compliance resources on cuna.org

WASHINGTON, DC (September 16, 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 compliance landing page at www.cuna.org/compliance; or use the compliance tab on www.cuna.org and choose on “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

About CUNA
CUNA is the nation’s largest credit union trade group, representing nearly 90% of the nation’s 7,000 state and federally chartered credit unions that provide affordable financial services to more than 96 million Americans.  For more information, go to www.cuna.org

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