Supervisory Committee Training Workshop. Las Vegas, NV
|
|
|
- Rachel Parks
- 8 years ago
- Views:
Transcription
1 Supervisory Committee Training Workshop Las Vegas, NV 1
2 Supervisory Focus NCUA Letter 15 CU 01 Moss Adams Supervisory Committee Conference Las Vegas 2
3 picture of cybersecurity Moss Adams Supervisory Committee Conference Las Vegas 3
4 picture of Interest rate risk Moss Adams Supervisory Committee Conference Las Vegas 4
5 picture of BSA Moss Adams Supervisory Committee Conference Las Vegas 5
6 1. Cybersecurity 2. Interest Rate Risk 3. Bank Secrecy Act Compliance Moss Adams Supervisory Committee Conference Las Vegas 6
7 What are you doing now for and 3.? Moss Adams Supervisory Committee Conference Las Vegas 7
8 1. Cybersecurity: Encrypting sensitive data Comprehensive security policy Due diligence Monitoring exposure and transactions Testing security measures Moss Adams Supervisory Committee Conference Las Vegas 8
9 1. Cybersecurity: What can you do? Moss Adams Supervisory Committee Conference Las Vegas 9
10 2. Interest Rate Risk What s the direction of short term rates? Compliance with IRR Rule Moss Adams Supervisory Committee Conference Las Vegas 10
11 2. Interest Rate Risk What can you do? Moss Adams Supervisory Committee Conference Las Vegas 11
12 3. Bank Secrecy Act Compliance Focus on relationships with MSBs: Identifying customers MSBs registered with FinCEN Risk assessment for each MSB Moss Adams Supervisory Committee Conference Las Vegas 12
13 3. Bank Secrecy Act Compliance What can you do? Moss Adams Supervisory Committee Conference Las Vegas 13
14 4. Liquidity and Plans Rule + Moss Adams Supervisory Committee Conference Las Vegas 14
15 TILA-RESPA Integrated Disclosure Rule Moss Adams Supervisory Committee Conference Las Vegas 15
16 Moss Adams Supervisory Committee Conference Las Vegas 16
17 4. Liquidity and Contingency Funding Plans Rule 5. TILA RESPA Integrated Disclosure Rule 6. Ability to Repay and Qualified Mortgage Standards Rule Moss Adams Supervisory Committee Conference Las Vegas 17
18 What are you doing now for and 6.? Moss Adams Supervisory Committee Conference Las Vegas 18
19 4. Liquidity and Contingency Funding Plans Rule Assessing compliance Evaluating contingent funding testing >$250m Moss Adams Supervisory Committee Conference Las Vegas 19
20 4. Liquidity and Contingency Funding Plans Rule What can you do? Moss Adams Supervisory Committee Conference Las Vegas 20
21 5. TILA RESPA Integrated Disclosure Rule Assessing compliance Moss Adams Supervisory Committee Conference Las Vegas 21
22 5. TILA RESPA Integrated Disclosure Rule What can you do? Moss Adams Supervisory Committee Conference Las Vegas 22
23 6. Ability to Repay and Qualified Mortgage Standards Rule Assessing compliance Moss Adams Supervisory Committee Conference Las Vegas 23
24 6. Ability to Repay and Qualified Mortgage Standards Rule What can you do? Moss Adams Supervisory Committee Conference Las Vegas 24
25 SCUEP Picture???? Moss Adams Supervisory Committee Conference Las Vegas 25
26 picture of Lending Programs Moss Adams Supervisory Committee Conference Las Vegas 26
27 7. Small Credit Union Exam Program 8. Lending Programs Moss Adams Supervisory Committee Conference Las Vegas 27
28 What are you doing now for 7. and 8.? Moss Adams Supervisory Committee Conference Las Vegas 28
29 7. Small Credit Union Exam Program Defined scope if < $30m Moss Adams Supervisory Committee Conference Las Vegas 29
30 7. Small Credit Union Exam Program What can you do? Moss Adams Supervisory Committee Conference Las Vegas 30
31 8. Lending Programs Evaluate controls Assess due diligence Moss Adams Supervisory Committee Conference Las Vegas 31
32 8. Lending Programs What can you do? Moss Adams Supervisory Committee Conference Las Vegas 32
33 1. Cybersecurity 2. Interest Rate Risk 3. BSA Compliance (MSBs) 4. *Liquidity and Contingency Funding Plans Moss Adams Supervisory Committee Conference Las Vegas 33
34 5. *TILA RESPA Integrated Disclosures 6. *Ability to Repay and Qualified Mortgage Standards 7. Small Credit Union Exam Program 8. Lending Programs Moss Adams Supervisory Committee Conference Las Vegas 34
35 Expectations of a Supervisory Committee Moss Adams Supervisory Committee Conference Las Vegas 35
36 Expectations of a Supervisory Committee Moss Adams Supervisory Committee Conference Las Vegas 36
37 Expectations of a Supervisory Committee Moss Adams Supervisory Committee Conference Las Vegas 37
38 Expectations of a Supervisory Committee Moss Adams Supervisory Committee Conference Las Vegas 38
39 Conclusion Who am I?: Greg Marshall, National Training Specialist Division of Training & Development, Office of Human Resources E mail: gregorym@ncua.gov Office Phone: Website: Fraud Hotline: ogcmail@ncua.gov Consumer Assistance: consumerassistance@ncua.gov Moss Adams Supervisory Committee Conference Las Vegas 39
Summary of Content Changes 2015.2 Update June 2015
Summary of Content Changes 2015.2 Update June 2015 General Notes In this policy release, we are moving forward with the policy revisions associated with the Truth in Lending Act (TILA) and Real Estate
Current Regulatory and Legal Climate for Credit Unions
Current Regulatory and Legal Climate for Credit Unions Moss Adams Supervisory Committee Training Workshop June 2, 2014 Harold B. Scoggins, III Farleigh Wada Witt 2 Conflicting Regulatory Imperatives 1.
{Regulatory Compliance Update.} December 10, 2014
{Regulatory Compliance Update.} December 10, 2014 Presenter Elizabeth Snyder, CRCM, Regulatory Compliance Manager Elizabeth leads Plante Moran s regulatory compliance team. As a compliance specialist with
Regulatory Compliance - What You Need to Know. John Zasada Principal CliftonLarsonAllen 218 790 1086 John.zasada@claconnect.com
Regulatory Compliance - What You Need to Know John Zasada Principal CliftonLarsonAllen 218 790 1086 John.zasada@claconnect.com Compliance Risk Defense or move forward It exists for all FIs Identify, rank,
DCU BULLETIN Division of Credit Unions Washington State Department of Financial Institutions
DCU BULLETIN Division of Credit Unions Washington State Department of Financial Institutions Phone: (360) 902-8701 FAX: (877) 330-6870 January 2, 2014 No. B-14-01 Bank Secrecy Act Guidance and Exam Procedures
Any business relationship between a bank and another entity, by contract or otherwise
An Overview for Bank Directors Managing the Third Party Relationship Patrick Neuman Boardman & Clark LLP Madison, Wisconsin Any business relationship between a bank and another entity, by contract or otherwise
Ali Chalak, Manager. Top 10 Audit Findings
Ali Chalak, Manager Top 10 Audit Findings Objective Review top ten audit findings for credit unions from regulators and external auditors standpoint. We will provide these findings, discuss the impact
What We ll Cover. Assessing Risk. Common elements in risk assessments NCUA categories of risk Risk assessments required by law
Assessing Risk It s the Law What We ll Cover Common elements in risk assessments NCUA categories of risk Risk assessments required by law What to assess Factors to consider When to assess Resources to
Regulatory & Risk Management Indicator
Regulatory & Risk Management Indicator U.S. Banking Industry March 2014 When you have to be right An Overview Wolters Kluwer Financial Services Regulatory and Risk Management Indicator measures 10 critical
NCUA LETTER TO CREDIT UNIONS
NCUA LETTER TO CREDIT UNIONS NATIONAL CREDIT UNION ADMINISTRATION 1775 Duke Street, Alexandria, VA 22314 DATE: August 2012 LETTER NO.: 12-CU-11 TO: SUBJ: All Federally Insured Credit Unions Interest Rate
NCUA LETTER TO CREDIT UNIONS
NCUA LETTER TO CREDIT UNIONS NATIONAL CREDIT UNION ADMINISTRATION 1775 Duke Street, Alexandria, VA 22314 DATE: August 2008 LETTER NO.: 08-CU-19 TO: SUBJ: Federally Insured Credit Unions Third-Party Relationships:
June 14, 2015. Regulatory Updates
June 14, 2015 Regulatory Updates TILA-RESPA Integrated Disclosure Rule As of August 1, 2015, financial institutions will no longer use the Good Faith Estimate (GFE), the early Truth in Lending (TIL) disclosure,
To use the BSA E-File System, you must first register online as a business entity. See the following pages for additional directions.
MSB REGISTRATION As an agent, you should have already worked with your MoneyGram Sales and Compliance Representatives to determine if you should register as an MSB. MSB registration should occur within
Loan Estimate (LE) TILA-RESPA Integrated Disclosure (TRID) Rule Requirements
Loan Estimate (LE) TILA-RESPA Integrated Disclosure (TRID) Rule Requirements New Definitions; New Forms New Work Flow New Rule creates new definition of Covered Loan Loan Application Consummation (Closing)
Courses CUNA. Credit union self-study training for staff, managers & volunteers
Credit union self-study training for staff, managers & volunteers Accounting, Budgeting & Finance Accounting for Credit Unions (3rd Edition) S310 S310M Asset-Liability Management for Executives (2nd Edition)
Regulatory Newsletter
Regulatory Newsletter Volume 1, Issue 1 April 27, 2009 Charlie s Corner By Charlie Fields, Jr. Director Mortgage Examinations By Jeff Browning, Examination Supervisor Dear Licensee, I would like to welcome
TESTIMONY OF DEBORAH BORTNER DIRECTOR OF CONSUMER SERVICES WASHINGTON STATE DEPARTMENT OF FINANCIAL INSTITUTIONS. On behalf of the
TESTIMONY OF DEBORAH BORTNER DIRECTOR OF CONSUMER SERVICES WASHINGTON STATE DEPARTMENT OF FINANCIAL INSTITUTIONS On behalf of the CONFERENCE OF STATE BANK SUPERVISORS On SAFE AND FAIR SUPERVISION OF MONEY
JENNIFER SHASKY CALVERY DIRECTOR FINANCIAL CRIMES ENFORCEMENT NETWORK ABA/ABA MONEY LAUNDERING ENFORCEMENT CONFERENCE NOVEMBER 16, 2015 WASHINGTON, DC
JENNIFER SHASKY CALVERY DIRECTOR FINANCIAL CRIMES ENFORCEMENT NETWORK ABA/ABA MONEY LAUNDERING ENFORCEMENT CONFERENCE NOVEMBER 16, 2015 WASHINGTON, DC Good afternoon. Thank you to the American Bankers
20 Hour Mortgage Loan Originator SAFE Comprehensive Course Number: 1013 Provider ID: 1400024
20 Hour Mortgage Loan Originator SAFE Comprehensive Course Number: 1013 Provider ID: 1400024 Day 1 Agenda (1.0 hour) Session 1 - Part I: (1.0 hour) Session 1 - Part II: (1.5 hours) Session 2: Mortgage
Mortgage Banking. Solutions in Compliance, Transactions, and Defense. Attorney Advertising
Mortgage Banking Solutions in Compliance, Transactions, and Defense Attorney Advertising The mortgage banking industry is changing rapidly. We offer broad regulatory experience, formidable skill in litigation,
Compliance Risks in Social Media Advertising. Presented by: Steve Van Beek, Esq. (248)723 0521 svb@h2law.com
Compliance Risks in Social Media Advertising Presented by: Steve Van Beek, Esq. (248)723 0521 svb@h2law.com Overview FFIEC Guidance What is social media? Which regulations apply? Are there any exemptions?
How To Manage A Credit Union Collection System
CUNA Courses Credit union self-study training for staff, managers & volunteers SELLER Best Seller Due to a current change in regulation, this course is being updated. Accounting, Budgeting & Finance Accounting
SPRING 2005 Volume 7.2 STATE CORPORATION COMMISSION BUREAU OF FINANCIAL INSTITUTIONS. Lending Draws Regulatory Attention
SPRING 2005 Volume 7.2 STATE CORPORATION COMMISSION BUREAU OF FINANCIAL INSTITUTIONS Quarterly Newsletter Highlights Risk Assessment First Step in BSA Compliance Inside Growth in Member Business Lending
TILA RESPA Procedural Impacts Are You Ready? Presenters. CUNA Mutual Group 2015 All rights reserved. 1. July 7, 2015
Presented by: TILA RESPA Procedural Impacts Presenters Jon Bundy Regulatory Compliance Manager CUNA Mutual Group 608-665-7101 jonathan.bundy@cunamutual.com Theresa Reinke LOANLINER Compliance Consultant
OFFICE OF INSPECTOR GENERAL 2006 ANNUAL PERFORMANCE PLAN
OFFICE OF INSPECTOR GENERAL 2006 ANNUAL PERFORMANCE PLAN OVERVIEW The National Credit Union Administration (NCUA) Office of Inspector General (OIG) Annual Performance Plan for 2006 delineates those audits
REGULATORY COMPLIANCE SERVICES
REGULATORY COMPLIANCE SERVICES COMPREHENSIVE, TAILORED SERVICES Proactive Regulatory Guidance Today s complex regulatory environment is presenting many diffi cult challenges to fi nancial institutions
10 Steps to a Successful Regulatory Compliance Program
10 Steps to a Successful Regulatory Compliance Program John Zasada Principal, Regulatory Compliance Services CliftonLarsonAllen LLP 218.790.1086 John.zasada@cliftonlarsonallen.com 1 1 Introducing John
How To Write A Disclosure Form
Office of Consumer Protection Truth-In-Lending Real Estate Settlement Procedures Act Integrated Disclosures Webinar February 11, 2015 The information contained in this presentation is for informational
Anti-Money Laundering
Bank Secrecy Act and Anti-Money Laundering FDIC Atlanta Region s Regulatory Conference Call March 20, 2014 2 Speakers Assistant Regional Director Timothy Hubby Special Activities Case Manager Danielle
Tony Hernandez /s/ Tony Hernandez Administrator Housing and Community Facilities Programs
October 6, 2016 TO: State Directors Rural Development ATTN: Program Directors Single Family Housing FROM: Tony Hernandez /s/ Tony Hernandez Administrator Housing and Community Facilities Programs SUBJECT:
CUNA s COMPLIANCE HIGHLIGHTS
CUNA s COMPLIANCE HIGHLIGHTS TILA/RESPA INTEGRATED MORTGAGE DISCLOSURES For more than 30 years, Federal law has required lenders to provide two different disclosure forms to consumers applying for a mortgage.
Frequently Asked Questions: Home Mortgage Disclosure Act (HMDA)
Frequently Asked Questions: Home Mortgage Disclosure Act (HMDA) The following list of questions and answers about compliance with HMDA addresses: Broker transactions Credit union service organizations
Qualified Written Request
Qualified Written Request Date: 09,09,2009 Certified Return Receipt Mail # 1111 2222 3333 4444 5555 Countrywide Mortgage Company POB 12345 New York, NY 10001 Borrower(s) name: Joe Homeowner Loan Number:
Re: Large Trader Reporting System, File Number S7-10-10, 75 Federal Register 21456 (April 23, 2010).
Lisa J. Bleier Vice President and Senior Counsel Center for Securities, Trust and Investments 202-663-5479 lbleier@aba.com June 22, 2010 Elizabeth M. Murphy Secretary Securities and Exchange Commission
The Closing Disclosure
The Closing Disclosure Overview: The new TRID Regulation is effective for applications taken on October 3, 2015 and after. As a result, the GFE, TIL, and HUD-1 will no longer be issued. The Loan Estimate
Comment Call (10-1) This proposal can be found at: http://www.ffiec.gov/guidance/reversemortgageguidance12-17-09.pdf.
Comment Call (10-1) To: From: All Credit Union CEOs Veronica Madsen Counsel Date: January 15, 2010 RE: Reverse Mortgages Introduction The Federal Financial Institutions Examination Council (FFIEC), on
Understanding the CFPB s TILA-RESPA Integrated Disclosures. Marvin Stone SVP, Business Integration CFPB Program Manager Stewart Title Guaranty Corp.
Understanding the CFPB s TILA-RESPA Integrated Disclosures Marvin Stone SVP, Business Integration CFPB Program Manager Stewart Title Guaranty Corp. A Brief History. Truth-in-Lending Act (TILA) of 1968
BSA/AML & OFAC. Volunteer Compliance Training. Agenda
Ideas + Solutions = Success BSA/AML & OFAC Ideas + Solutions = Success Volunteer Compliance Training Presented by Dorie Fitchett HCUL Regulatory Officer April 25, 2013 Agenda 1. Bank Secrecy Act (BSA)
NCUA LETTER TO CREDIT UNIONS
NCUA LETTER TO CREDIT UNIONS NATIONAL CREDIT UNION ADMINISTRATION 1775 Duke Street, Alexandria, VA DATE: September 2001 LETTER NO.: 01-CU-09 TO: SUBJ: Federally Insured Credit Unions Identity Theft and
Bank Secrecy Act Conference
2014 Bank Secrecy Act Conference Sponsored by: AGENDA 9:00 a.m. - 10:00 a.m. 10:15 a.m. - 11:45 a.m. 11:45 a.m. - 1:15 p.m. 1:15 p.m. - 2:15 p.m. 2:30 p.m. - 3:30 p.m. 3:45 p.m. - 4:45 p.m. Thursday, June
Know Before You Owe. TILA-RESPA Integrated Disclosure (TRID) Rule
Know Before You Owe TILA-RESPA Integrated Disclosure (TRID) Rule Background of CFPB The Consumer Financial Protection Bureau (CFPB) was established in 2010 under the Dodd-Frank Act Directed to publish
CONFERENCE OF STATE BANK SUPERVISORS AMERICAN ASSOCIATION OF RESIDENTIAL MORTGAGE REGULATORS GUIDANCE ON NONTRADITIONAL MORTGAGE PRODUCT RISKS
CONFERENCE OF STATE BANK SUPERVISORS AMERICAN ASSOCIATION OF RESIDENTIAL MORTGAGE REGULATORS GUIDANCE ON NONTRADITIONAL MORTGAGE PRODUCT RISKS I. INTRODUCTION On October 4, 2006, the Office of the Comptroller
Recent Regulatory Guidance Regarding the Banking of Remittance Companies
Recent Regulatory Guidance Regarding the Banking of Remittance Companies Compilation of Relevant Documents Prepared by Viamericas Corporation, January 2015 With emphasis added Table of Contents 1. U.S.
Vendor Management Best Practices
23 rd Annual and One Day Seminar Vendor Management Best Practices Catherine Bruder CPA, CITP, CISA, CISM, CTGA Michigan Texas Florida Insight. Oversight. Foresight. SM Doeren Mayhew Bruder 1 $100 billion
Balancing Mortgage Risk/ Return
Balancing Mortgage Risk/ Return while Navigating Choppy Waters September 13, 2012 Sponsored by: Michigan Credit Union League & Executive Summit: Affiliates Kathy Carlson, President/ CEO, Member First Mortgage
NCUA LETTER TO CREDIT UNIONS
NCUA LETTER TO CREDIT UNIONS NATIONAL CREDIT UNION ADMINISTRATION 1775 Duke Street, Alexandria, VA 22314 DATE: August 2010 LETTER NO.: 10-CU-15 TO: SUBJ: REF: Federally Insured Credit Unions Indirect Lending
Understanding the Fundamentals of Credit Union Third-Party Vendor Due Diligence
Understanding the Fundamentals of Credit Union Third-Party Vendor Due Diligence November 20, 2014 2 p.m. E. Andrew Keeney, Esq. Kaufman & Canoles, P.C. Sponsored by Affinion Benefits Group E. Andrew Keeney,
BANK SECRECY ACT REQUIREMENTS FOR RESIDENTIAL MORTGAGE LOAN ORIGINATIORS: AN OVERVIEW
BANK SECRECY ACT REQUIREMENTS FOR RESIDENTIAL MORTGAGE LOAN ORIGINATIORS: AN OVERVIEW June 6, 2012 Marjorie A. Corwin, Esquire Gordon Feinblatt LLC 233 East Redwood Street Baltimore, Maryland 21202 410-576-4041
2015 Fidelity National Title Group
Five Things You Need to Know Before August 2015 WHAT IS THE CFPB? THE NEW LINGO Dodd-Frank Act --Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 CFPB Consumer Financial Protection Bureau
FRESH. Agenda. Credit Union Integrated Mortgage Disclosures Are you Prepared?
MCUL & Affiliates 2015 Annual Convention and Exposition Credit Union Integrated Mortgage Disclosures Are you Prepared? Glory LeDu Thursday, June 4, 2015 2:00 p.m. Sponsored by: FRESH Ideas to Reinvent
Cyber Security Auditing for Credit Unions. ACUIA Fall Meeting October 7-9, 2015
Cyber Security Auditing for Credit Unions ACUIA Fall Meeting October 7-9, 2015 Topics Introduction Cyber Security Auditing Program Discuss an effective and compliant Cyber Security Auditing Program from
TILA-RESPA Integrated Disclosure Rule
TILA-RESPA Integrated Disclosure Rule May 13, 2015 Joseph J. Reilly Partner Benjamin K. Olson Partner 1 Key Changes Effective for applications received by the creditor or mortgage broker on or after August
Table of Contents. National Credit Union Administration 2015 Grant Round 2 Reimbursement Guidelines
National Credit Union Administration 2015 Grant Round 2 Reimbursement Guidelines Table of Contents Step by Step Guidelines for Grant Reimbursement A Reimbursement Checklist is located on page 16 to guide
Inaugural Tribal Accounting Conference November 16th & 17th, 2015 The Linq Las Vegas, NV
Inaugural Tribal Accounting Conference November 16th & 17th, 2015 The Linq Las Vegas, NV 1 Monday, November 16th 7:45 8:45am Registration/ Breakfast 8:45 9:00am Opening Remarks Justin O Connor President
TRID Compliance - Using the Old HUD Forms and New Closing Disclosure Forms Simultaneously
TRID Compliance - Using the Old HUD Forms and New Closing Disclosure Forms The new Consumer Finance Protection Bureau (CFPB) TILA-RESPA Integrated Disclosure (TRID) regulations have already caused frenzy
Overview The Regulation The Loan Estimate (LE) The Closing Disclosure (CD) Loan Estimate (LE) Application Date LE Responsibility
To support your preparation efforts when implementing the TILA-RESPA Integrated Disclosure (TRID) rule effective for applications dated on or after October 3, 2015, we have created this Helpful Tips for
A CONSUMER GUIDE TO MORTGAGE-RELATED COMPLAINTS
A CONSUMER GUIDE TO MORTGAGE-RELATED COMPLAINTS Real Estate MATTERS A CONSUMER GUIDE TO MORTGAGE-RELATED COMPLAINTS INTRODUCTION...1 WHO IS MY LENDER?... 1 WHAT SHOULD I DO IF I HAVE A DISPUTE WITH MY
Reference Guide: Loan Estimate (LE) TILA- RESPA Integrated Disclosure (TRID) Rule Requirements
Reference Guide: Loan Estimate (LE) TILA- RESPA Integrated Disclosure (TRID) Rule Requirements The purpose of this document is to provide a reference guide for the Loan Estimate (LE) TILA-RESPA Integrated
Presented by the Baxter Credit Union Audit Team
Presented by the Baxter Credit Union Audit Team 1. Who offers Mortgage or Home Equity Loans? 2. Do you perform your SAFE Act Audit in-house, or do you outsource it? 3. Who in the room is your Credit Union
TRID Frequently Asked Questions
TRID Frequently Asked Questions Q: What is TRID? A: TRID is an acronym for the TILA-RESPA Integrated Disclosure rule. It is a rule mandated by the Consumer Financial Protection Bureau as part of the Dodd-Frank
CREDIT RISK MANAGEMENT GUIDANCE FOR HOME EQUITY LENDING
Office of the Comptroller of the Currency Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of Thrift Supervision National Credit Union Administration CREDIT
TYPES OF RISK NGH CU recognizes that there are basically three types of risk when granting loans:
Revised 5/23/05 RISK BASED LENDING POLICY The NGH Credit Union Board of Directors recognizes the importance of managed risk and is committed to offering credit (loans) to as many members as possible. The
FIN-2014-A007 August 11, 2014
FIN-2014-A007 August 11, 2014 Advisory to U.S. Financial Institutions on Promoting a Culture of Compliance BSA/AML shortcomings have triggered recent civil and criminal enforcement actions FinCEN seeks
Rescinded OCC Documents
Rescinded OCC Documents OCC 2012-23 Attachment Advisory Letters AL 1995-03 AL 1995-04 OCC Guidance Title Bank Secrecy Act Implications of Payable Through Accounts Bank Merger Competitive Analysis Review
REGULATORY ALERT NATIONAL CREDIT UNION ADMINISTRATION 1775 DUKE STREET, ALEXANDRIA, VA 22314. DATE: January 2014 NO.: 14-RA-03
REGULATORY ALERT NATIONAL CREDIT UNION ADMINISTRATION 1775 DUKE STREET, ALEXANDRIA, VA 22314 DATE: January 2014 NO.: 14-RA-03 TO: SUBJECT: ENCL: ACTION: Federally Insured Credit Unions Mortgage Servicing
NCUA LETTER TO CREDIT UNIONS
NCUA LETTER TO CREDIT UNIONS NATIONAL CREDIT UNION ADMINISTRATION 1775 Duke Street, Alexandria, VA DATE: July 2002 LETTER NO.: 02-CU-13 TO: Federally Insured Credit Unions SUBJ: Vendor Information Systems
Last Updated: February 2014
Converting Your Credit Union from a Federal to State Charter Division of Credit Unions Post Office Box 41200 Olympia, Washington 98504-1200 Phone (360) 902-8701 Fax (877) 330-6870 Email: DCU@dfi.wa.gov
FREQUENTLY ASKED QUESTIONS
FREQUENTLY ASKED QUESTIONS Call Report Delinquent Loan Categories Transitioning from Months to Days Overview Letter No. 12-CU-12, issued in October 2012, gave notice to credit unions the NCUA was revising
Course Catalogue. Second Edition July 25, 2013. www.ffiec.gov
2014 Course Catalogue Second Edition July 25, 2013 www.ffiec.gov Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, National Credit Union Administration Office of
LAND CONTRACTS: DEAD OR ALIVE? contracts in Michigan. Since that time, based on the number of calls to the Legal Hotline, it
LAND CONTRACTS: DEAD OR ALIVE? On January 10, 2014, new federal regulations went into effect which impact sales on land contracts in Michigan. Since that time, based on the number of calls to the Legal
DATES: Comments must be submitted on or before [INSERT DATE 60 DAYS AFTER PUBLICATION IN THE FEDERAL REGISTER].
![DATES: Comments must be submitted on or before [INSERT DATE 60 DAYS AFTER PUBLICATION IN THE FEDERAL REGISTER].](/thumbs/27/10163539.jpg "DATES: Comments must be submitted on or before [INSERT DATE 60 DAYS AFTER PUBLICATION IN THE FEDERAL REGISTER].")
This document is scheduled to be published in the Federal Register on 06/23/2015 and available online at http://federalregister.gov/a/2015-15412, and on FDsys.gov FEDERAL RESERVE SYSTEM Proposed Agency
Supervisory Letter. Current Risks in Business Lending and Sound Risk Management Practices
Dollars in Billions Supervisory Letter Current Risks in Business Lending and Sound Risk Management Practices The September 2009 Financial Performance Report data reflects an increasing portion of loans
NATIONAL CREDIT UNION ADMINISTRATION OFFICE OF INSPECTOR GENERAL
NATIONAL CREDIT UNION ADMINISTRATION OFFICE OF INSPECTOR GENERAL OFFICE OF FOREIGN ASSET CONTROL COMPLIANCE REVIEW Report #OIG-06-09 December 18, 2006 William A. DeSarno Inspector General Released By:
2006 Education Survey Results:
2006 Education Survey Results: Budget (185 Responses): remain the same for 2006 = 126 (68.11%) increase for 2006 = 56 (30.27%) decrease for 2006 = 2 (1.08%) = 1 (0.54%) Chapters (185 Responses): Oakland
Compliance Bulletin and Policy Guidance: Mortgage Servicing Transfers
1700 G Street, N.W., Washington, DC 20552 Bulletin 2014-01 Date: August 19, 2014 Subject: Compliance Bulletin and Policy Guidance: Mortgage Servicing Transfers The Bureau of Consumer Financial Protection
TRUSTED INTELLIGENCE 1
TRUSTED INTELLIGENCE 1 POINT OF VIEW CFPB Know Before You Owe 2 Background The Consumer Financial Protection Bureau (CFPB) established new disclosure rules that become effective on mortgage applications
REGULATORY COMPLIANCE SERVICES for Financial Institutions
REGULATORY COMPLIANCE SERVICES for Financial Institutions TRUPOINT PARTNERS Regulatory Compliance Services for Financial Institutions THIS IS SMART COMPLIANCE. TRUPOINT PARTNERS PROVIDES COMPLIANCE SOLUTIONS
New Lending Laws Affecting the Way we Do Business! Presented by Dawn Enoch Moore Texas Land Title Association 2014-2015 President
New Lending Laws Affecting the Way we Do Business! Presented by Dawn Enoch Moore Texas Land Title Association 2014-2015 President Consumer Financial Protection Bureau (CFPB) Independent bureau within the
DCU BULLETIN Division of Credit Unions Washington State Department of Financial Institutions Phone: (360) 902-8718 FAX: (360) 704-6991
DCU BULLETIN Division of Credit Unions Washington State Department of Financial Institutions Phone: (360) 902-8718 FAX: (360) 704-6991 August 30, 1999 No. B-99-12 Year 2000 Reporting by September 30, 1999;
Policy Guidance on Supervisory and Enforcement Considerations Relevant to Mortgage
BILLING CODE: 4810-AM-P BUREAU OF CONSUMER FINANCIAL PROTECTION Policy Guidance on Supervisory and Enforcement Considerations Relevant to Mortgage Brokers Transitioning to Mini-Correspondent Lenders AGENCY:
Mortgage Banker Examination Overview
I. INTRODUCTION Mortgage Banker Examination Overview The Texas Department of Savings and Mortgage Lending (SML) promotes compliance with the Mortgage Banker Registration and Residential Mortgage Loan Originator
PRMG is Ramping Up for the TILA RESPA Rule
PRMG is Ramping Up for the TILA RESPA Rule Paramount Residential Mortgage Group, Inc. (PRMG) is ramping up for the new TILA RESPA rule. Effective with applications taken on or after August 1, 2015, lenders
Are You Ready for TRID? Dodd Frank the CFPB & You Featuring TRID
WELCOME! www.grantsimon.com Are You Ready for TRID? Dodd Frank the CFPB & You Featuring TRID 1 TRID TILA-RESPA INTEGRATED DISCLOSURE Ready For It New Jargon Lender Borrower Closing GFE & TIL HUD 1 & TIL
LOAN ESTIMATE TABLE. Definition of an application that triggers a Loan Estimate
LOAN ESTIMATE TABLE CATEGORY SYNOPSIS TIMING AND DELIVERY Timing & Delivery No later than the third-business-day after receiving the consumer s application. Must also be delivered or placed in the mail
V600 Introduction to Mortgage Lending. Robin J Wybenga, CFO, TBA Credit Union robinw@tbacu.com 231.946.7090
V600 Introduction to Mortgage Lending Robin J Wybenga, CFO, TBA Credit Union robinw@tbacu.com 231.946.7090 Introduction Objectives 1. Identify the key benefits your CU gains by offering real estate lending
When do I have to start following the TILA-RESPA rule and using the new Integrated Disclosures?
............................................................................................. Overview of the TILA-RESPA Rule.............................................................................................
www.ffiec.gov FFIEC Examiner Education
2015 Course Schedule www.ffiec.gov FFIEC Examiner Education Second Edition May 5, 2015 Board of Governors of the Federal Reserve System, Consumer Financial Protection Bureau, Federal Deposit Insurance
TRID Overview. Provided by Primary Capital Mortgage. Presented by Stacie Weider, Training Manager
Provided by Primary Capital Mortgage Presented by Stacie Weider, Training Manager What is TRID? TILA RESPA Integrated Disclosure Rule, which is effective October, 3, 2015. History Notes The Goal To provide
Supporting Effective Compliance Programs
October 2015 Supporting Effective Compliance Programs The Oversight Roles of the Board Audit and Risk Committees in Regulatory Compliance By Paul Osborne, CPA, CAMS, AMLP, and Peggy Sepp, CIA To be effective,
Summary of Key Proposed Changes to NCUA s Member Business Loan Rule
Federally insured credit unions have generally conducted business lending safely, and NCUA s supervision of business lending has largely been successful. Over the past ten years, business loan portfolios
All in Good Faith. mortgagedashboard. How Know Before You Owe Changes Everything. Jorge Sauri jorges@mortgagedashboard.com
All in Good Faith How Know Before You Owe Changes Everything. Jorge Sauri jorges@mortgagedashboard.com mortgagedashboard August 1, 2015, marks the end of a long road for federal regulations that promise
How To Write A Credit Union Loan Policy
Federally insured credit unions have generally conducted business lending safely, and NCUA s supervision of business lending has largely been successful. Over the past ten years, business loan portfolios
Regulation Z Appraisals for Higher Priced Mortgage Loans
Regulation Z Appraisals for Higher Priced Mortgage Loans (12 CFR 1026.35 (c)) October 31, 201 3 In January 2013, the Consumer Financial Protection Bureau and the federal financial institution regulators
NCUA LETTER TO CREDIT UNIONS NATIONAL CREDIT UNION ADMINISTRATION 1775 Duke Street, Alexandria, VA 22314
NCUA LETTER TO CREDIT UNIONS NATIONAL CREDIT UNION ADMINISTRATION 1775 Duke Street, Alexandria, VA 22314 DATE: APRIL 14, 1997 LETTER NO: 97-CU-5 TO: The Board of Directors of the Federal Insured Credit
Kentucky Housing Corporation Closing Agent Agreement
Kentucky Housing Corporation Closing Agent Agreement Kentucky Housing Corporation ( KHC ) has established required standards of performance and conduct for any closing agent ( Closing Agent ) conducting
Interagency Guidance on Nontraditional Mortgage Product Risks (September 29, 2006)
Office of the Comptroller of the Currency Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of Thrift Supervision National Credit Union Administration Interagency
Real Estate Settlement Procedures Act 1
Real Estate Settlement Procedures Act 1 Examination Objectives To determine if the financial institution has established policies and procedures to ensure compliance with the Real Estate Settlement Procedures
CFPB Mortgage Servicing Rules Overview
CFPB Mortgage Servicing Rules Overview For additional information, visit www.consumerfinance.gov/regulations Note: This document was used in support of a live discussion. As such, it does not necessarily
Sandra L. Thompson Director Division of Risk Management Supervision 1 / Mark E. arce j1 Director Division of Depo or and Corsurner Protection
December 21, 2012 MEMORANDUM TO: The Board of Directors FROM: SUBJECT: Sandra L. Thompson Director ~w Division of Risk Management Supervision 1 / 4 Mark E. arce j1 Director Division of Depo or and Corsurner
Stephen F.J. Ornstein Partner sornstein@tpw.com
Industries Banking Financial Services Real Estate Structured Finance Practices Banking Corporate & Securities Structured Finance Education JD, 1989, Columbia University School of Law, Harlan Fiske Stone