Newsletter
2024 Newsletters
- InfoSight Newsletter, Vol 18, Issue 47 (12/13/2024)
- New Fraud Content!
- CFPB Kicks Off Rulemaking to Help Mitigate the Financial Consequences of Domestic Violence and Elder Abuse
- CFPB Sues Comerica Bank for Systematically Failing Disabled and Older Americans
- Agencies Issue Statement on Elder Financial Exploitation
- InfoSight Newsletter, Vol 18, Issue 46 (12/6/2024)
- InfoSight Highlight: The Power of Integration: InfoSight360!
- CFPB Proposes Rule to Stop Data Brokers from Selling Sensitive Personal Data to Scammers, Stalkers, and Spies
- Defining Larger Participants of a Market for General-Use Digital Consumer Payment Applications
- Truth in Lending (Regulation Z) Annual Threshold Adjustments (Credit Cards, HOEPA, and Qualified Mortgages)
- InfoSight Newsletter, Vol 18, Issue 45 (11/22/2024)
- InfoSight Highlight: Evolving our Products for our Credit Unions!
- FinCEN Issues Alert on Fraud Schemes Involving Deepfake Media Targeting Financial Institutions
- CFPB Orders Global Tel Link to Pay $3 Million for Illegally Freezing and Draining Payments Accounts for People Who Are Incarcerated
- Grants of up to $15,000 Available to Low-Income Credit Unions Hit by Hurricanes
- InfoSight Newsletter, Vol 18, Issue 44 (11/15/2024)
- InfoSight Highlight: Now Available: You Don’t Want to Miss Our New Compliance Video!
- For Veterans Day, Share How to Spot and Avoid Scams
- CFPB Report Details Carveouts for Financial Institutions in State Data Privacy Laws
- CFPB Survey Reveals Impacts of Student Loan Debt Relief and Repayment Challenges
- InfoSight Newsletter, Vol 18, Issue 43 (11/08/2024)
- InfoSight Highlight: 2025 Budget Planning: Prioritizing Business Continuity
- The Consumer Financial Protection Bureau (CFPB) Takes Action
- Consumer Compliance Outlook: Third Issue 2024
- Federal Trade Commission (FTC) News
- InfoSight Newsletter, Vol 18, Issue 42 (11/01/2024)
- InfoSight Highlight: Now Available: 2024 3rd Quarter Compliance Update Video
- CFPB Orders Apple and Goldman Sachs to Pay Over $89 Million for Apple Card Failures
- CFPB Takes Action to Curb Unchecked Worker Surveillance
- Register Now for NCUA’s Webinar on Small and MDI Credit Union Support
- InfoSight Newsletter, Vol 18, Issue 41 (10/25/2024)
- InfoSight Highlight: Personal Financial Data Rights Rule is FINAL!
- CFPB Finalizes Personal Financial Data Rights Rule to Boost Competition, Protect Privacy, and Give Families More Choice in Financial Services
- Letter to Credit Unions (24-CU-02) - Board of Director Engagement in Cybersecurity Oversight
- New FTC Report to Congress on Scams and Older Adults
- Register Now for Taking Charge of Your Future with Financial Planning Webinar on Oct. 28
- InfoSight Newsletter, Vol 18, Issue 40 (10/18/2024)
- InfoSight Highlight: Secondary Market Reconsideration of Value Requirements Effective October 31st
- International Credit Union Day!
- FTC, DOJ and CFPB Warn Consumers About Potential Scams and Price Gouging in the Wake of Hurricanes and other Natural Disasters
- FinCEN Assesses Record $1.3 Billion Penalty against TD Bank
- NCUA Assisting Credit Unions in Areas Hit by Hurricane Milton
- InfoSight Newsletter, Vol 18, Issue 39 (10/11/2024)
- InfoSight Highlight: Coming in 2025: A New Streamlined Experience with Our All-in-One Platform!
- Recovery scams will follow Hurricane Helene. Here’s how to spot them
- Agencies Announce Dollar Thresholds for Smaller Loan Exemption from Appraisal Requirements for Higher-priced Mortgage Loans
- Agencies Announce Dollar Thresholds for Applicability of Truth in Lending and Consumer Leasing Rules for Consumer Credit and Lease Transactions
- ICFPB Takes Action Against Wrongful Auto Repossessions and Loan Servicing Breakdowns
- InfoSight Newsletter, Vol 18, Issue 38 (10/04/2024)
- InfoSight Highlight: NACHA Changes Effective October 1, 2024
- FHFA Issues Advisory Bulletin to the Federal Home Loan Banks to Ensure a Sound Credit Risk Management Framework and Member Ability to Access Liquidity
- SBA Amending Regulations for 504 Loan Program
- CFPB Takes Aim at Double Billing and Inflated Charges in Medical Debt Collection
- International Credit Union (ICU) Day® - Thursday, October 17, 2024
- InfoSight Newsletter, Vol 18, Issue 37 (9/27/2024)
- InfoSight Highlight: National Compliance Officer's Day!
- CFPB Proposes Narrow Amendment to Remittance Transfer Disclosure Requirements
- Board Approves Final Rules on Fair Hiring in Banking and Simplification of Share Insurance for Trust Accounts
- Member Fraud Information
- CFPB Report Highlights Challenges Facing Servicemembers and Veterans with Student Loans
- InfoSight Newsletter, Vol 18, Issue 36 (9/20/2024)
- InfoSight Highlight: Overdraft Opt-In Documentation
- Member Fraud Prevention
- NCUA Releases Q2 2024 State-Level Credit Union Data Report
- High Interest Rates Set to Increase the Cost of Student Loans in 2024
- FTC Sends More Than $2.6 Million to Consumers Harmed by FloatMe’s Deceptive and Discriminatory Lending Practices
- InfoSight Newsletter, Vol 18, Issue 35 (9/13/2024)
- InfoSight Highlight: Fraud Symposium Recap
- Credit Union Assets and Loans Grow, Delinquencies Increase, Net Income Down
- FinCEN Issues In-Depth Analysis of Check Fraud Related to Mail Theft
- Implications of Artificial Intelligence Technologies on Protecting Consumers from Unwanted Robocalls and Robotexts
- FinCEN Updates Frequently Asked Questions on Beneficial Ownership Information
- InfoSight Newsletter, Vol 18, Issue 34 (9/6/2024)
- InfoSight Highlight: Let's Have a Conversation
- NCUA's ACET Will Remain Available Following Sunset of Cybersecurity Assessment Tool
- Financial Regulators Update Examiner Guidance on Financial Institutions' Information Technology Development, Acquisition, and Maintenance
- CFPB Orders NewDay USA to Pay $2.25 Million for Illegally Luring Veterans and Miliatry Families into Cash-Out Refinance Loans
- Promoting competition in payments (CFPB Blog)
- InfoSight Newsletter, Vol 18, Issue 33 (8/30/2024)
- Special Announcement! Fraud Symposium Videos are now available!
- InfoSight Highlight: CFPB Proposal Looks to Greatly Expand Mortgage Servicing Protections for Delinquent Borrowers
- CFPB Takes Action Against Fay Servicing for Illegal Foreclosure Actions and Violating Law Enforcement Order
- CFPB Releases Beta for Smal Business Lending Data Filing Platform
- FinCEN Reminds Financial Institutions to Remain Vigilant to Suspicious Transactions Associated wtih Synthetic Opioids
- CFPB Report Finds Large Retail Chains Charging Cash-back Fees to Customers Using Debit and Prepaid Cards
- InfoSight Newsletter, Vol 18, Issue 32 (8/23/2024)
- InfoSight Highlight: Small Credit Union Resources
- Filing instructions guide for the small business lending rule
- FTC Takes Action Against Auto Dealer Group Asbury Automotive for Discriminating Against Black and Latino Consumers and Charging for Unwanted Add-Ons
- How to get legit information about your federal student loans
- NCUA Hispanic Recruitment Virtual Outreach Event
- InfoSight Newsletter, Vol 18, Issue 31 (8/16/2024)
- InfoSight Highlight: NEW Fraud Channel on InfoSight!
- Consumer advisory: Steer clear of costly and complex loans for solar energy installation
- CFPB Takes Action Against Credit Repair Cloud and CEO Daniel Rosen for Enabling Credit Repair Companies that Harvest Illegal Fees
- Credit card delinquencies are higher than in 2019 because lenders took on more risk
- CFPB Takes Action to Stop Contract-for-Deed Investors from Setting Borrowers Up to Fail
- InfoSight Newsletter, Vol 18, Issue 30 (8/9/2024)
- InfoSight Highlight: How Important is Compliant Management?
- CFPB Joins Federal Regulators to Propose Rule to Standardize Data Submitted to Federal Financial Agencies
- Important Announcement for Users of OFAC's Compliance Hotline
- Financial Technology and Access Office Hours: August 20-22 and November 12-14
- FTC Action Leads to Permanent Bans for Scammers Behind Sprawling Credit Repair Pyramid Scheme
- InfoSight Newsletter, Vol 18, Issue 29 (8/2/2024)
- InfoSight Highlight: Succession Planning - New Proposed Rule
- FinCEN Issues Notice to Financial Institution Customers on Beneficial Ownership Information Requirements
- CFPB Warns Against Intimidation of Whistleblowers
- CFPB to distribute over $8 million to consumers harmed by All American Check Cashing, Inc.
- Register Now for the Sustaining DEI Through Developing Your DEI Strategic Plan Part 2 Webinar
- InfoSight Newsletter, Vol 18, Issue 28 (7/26/2024)
- InfoSight Highlight: New CFPB Registry Applies to CUSOs and Privately Insured Credit Unions
- LIS Webinar: Cyber Incident Content Review
- FinCEN Seeks Comments on the Information to be Collected from Authorized Recipients Requesting Beneficial Ownership Information
- Interagency Statement on the Issuance of the AML/CFT Program Notices of Proposed Rulemaking
- NCUA Board Approves Proposed Rules on Incentive-based Compensation, Succession Planning
- CFPB Proposes Interpretive Rule to Ensure Workers Know the Costs and Fees of Paycheck Advance Products
- InfoSight Newsletter, Vol 18, Issue 27 (7/19/2024)
- InfoSight Highlight: Cyber Incidents – Ransomware and Data Breaches
- LIS Webinar: Cyber Incident Content Review
- OFAC Basics Video Series - My Funds are Blocked, Now What?
- NCUA: FFIEC Publishes 2023 Data on Mortgage Lending
- NCUA: Agencies Issue Final Rule to Help Ensure Credibility and Integrity of Automated Valuation Models
- CFPB Blog: How to recover financially after Hurricane Beryl
- Employee handbook development guide
Employee handbooks are critical for providing written company policies and procedures. They serve as a tool to set forth consistent expectations for your employees. They can also be valued in the event of employee claims and can often provide a safety net for any possible employment litigation.
- InfoSight Newsletter, Vol 18, Issue 26 (7/12/2024)
- InfoSight Highlight: Regulatory Alert: FLSA Final Rule
- LIS Webinar: Cyber Incident Content Review
- NCUA: A Reflection on the Past and Future Marks Federal Credit Union Act 90th Anniversary
- CFPB Proposes Rules to Help Homeowners Avoid Foreclosure
- CFPB Takes Action Against Fifth Third for Wrongfully Triggering Auto Repossessions and Opening Fake Bank Accounts
- CFPB Exams Find Loan Servicing Failures, Illegal Debt Collection Practices, and Issues with Medical Payment Products
- InfoSight Newsletter, Vol 18, Issue 25 (6/28/2024)
- InfoSight Highlight: Quality Control Standards for AVMs
- InfoSight Update: Discussion Board Email Oops!
- CFPB Extends Compliance Dates for Small Business Lending Rule
- CFPB Approves Rule to Ensure Accuracy and Accountability in the Use of AI and Algorithms in Home Appraisals
- NCUA Releases Annual Cybersecurity and Credit Union System Resilience Report
- MDI Credit Union Growth Expands Financial Security and Creates Opportunities
- FHFA Announces Conditional Approval of Freddie Mac Pilot to Purchase Second Mortgages
- InfoSight Newsletter, Vol 18, Issue 24 (6/21/2024)
- InfoSight Highlight: World Elder Abuse Awareness Day
- Celebrating Pride Month!
- NCUA Releases Q1 2024 State-Level Credit Union Data Report
- CFPB Takes Action Against Sutherland Global and NOVAD Management Consulting for Reverse Mortgage Servicing Failures
- CFPB BLOG: New Protections For Payday And Installment Loans Slated To Take Effect Next Year
- CFPB BLOG: Keeping Junk Fees Away From Workers’ Unemployment Benefits
- CFPB BLOG: Ensuring Consumers Aren’t Pushed Into Medical Payment Products
- InfoSight Newsletter, Vol 18, Issue 23 (6/14/2024)
- InfoSight Highlight: Succession Planning
- Celebrating Pride Month!
- FinCEN Updates Frequently Asked Questions on Beneficial Ownership Information
- NCUA: Credit Union Assets, Lending, Insured Shares, Delinquencies Grow
- CFPB Proposes to Ban Medical Bills from Credit Reports
- CFPB Launches Process to Recognize Open Banking Standards
- InfoSight Newsletter, Vol 18, Issue 22 (6/7/2024)
- InfoSight Highlight: League InfoSight Fraud Symposium
- Celebrating Pride Month!
- CFPB Launches Inquiry into Junk Fees in Mortgage Closing Costs
- CFPB Creates Registry to Detect Corporate Repeat Offenders
- CFPB Sues Student Loan Servicer PHEAA for Pursuing Borrowers for Loans Discharged in Bankruptcy
- NCUA’s MDI Awareness Month Activities Highlight Service, Partnerships, and Progress
- CFPB Warns Against Deception in Contract Fine Print
- InfoSight Newsletter, Vol 18, Issue 21 (5/31/2024)
- InfoSight Highlight: Small Business Lending Rule Effective Dates!
- Celebrating AAPI Heritage Month!
- CFPB Blog: The CFPB is Protecting the Military Community and Providing Relief
- CFPB Blog: Banks' Responsibility for Scams
- CFPB Takes Action to Ensure Consumers Can Dispute Charges and Obtain Refunds on Buy Now, Pay Later Loans
- FTC Staff Provides Annual Report to CFPB on 2023 Activities Regarding Financial Acts
- New FTC Data Shed Light on Companies Most Frequently Impersonated by Scammers
- InfoSight Newsletter, Vol 18, Issue 20 (5/24/2024)
- InfoSight Highlight: Cannabis Rescheduling - What This Means for Financial Institutions
- Celebrating AAPI Heritage Month!
- CFPB: Statement on Supreme Court Decision in CFPB v. CFSA
- CFPB: Small Business Lending Rulemaking
- CFPB Sues SoLo Funds for Deceiving Borrowers and Illegally Extracting Fees
- CFPB Takes Action Against Western Benefits for Swindling Student Loan Borrowers
- Association for Financial Professionals (AFP) Report Finds Check Fraud on the Rise
- InfoSight Newsletter, Vol 18, Issue 19 (5/17/2024)
- InfoSight Highlights: Credit Unions Leading the Charge Against Elder Financial Exploitation
- Celebrating AAPI Heritage Month
- NCUA: Chairman Harper’s Statement on His Temporary Leave of Absence
- Agencies Announce Inflation-Adjusted Dollar Thresholds for Regulation CC Funds Availability
- CFPB Report Highlights Consumer Frustrations with Credit Card Rewards Programs
- Statement by CFPB Director Rohit Chopra on the Financial Stability Oversight Council’s Nonbank Mortgage Company Report
- InfoSight Newsletter, Vol 18, Issue 18 (5/10/2024)
- InfoSight Highlights: Check Fraud!
- Celebrating AAPI Heritage Month!
- NCUA: Agencies Issue Proposal on Incentive-Based Compensation
- CFPB Takes Action Requiring National Collegiate Student Loan Trusts and PA Higher Education Assistance Agency to Pay for Student Loan Servicing Failures
- OFAC Launches New Sanctions List Service Application
- CFPB Takes Action Against Chime Financial for Illegally Delaying Consumer Refunds
- FHFA Announces Enterprise Reconsideration of Value Policies
- InfoSight Newsletter, Vol 18, Issue 17 (5/3/2024)
- InfoSight Highlights: Q1 Compliance Update is Here!
- Celebrating APCI History Month
- Latest Issue of Consumer Compliance Outlook Released
- CFPB Highlights the Hidden Costs of Health Savings Accounts
- CFPB Blog: More Competition and Less Complexity: How the CFPB is Working to Lower Prices in the Credit Card Market
- Registration Now Open for NCUA Diversity, Equity, and Inclusion Summit July 9–11
- Registration Open for May 22 NCUA Federal Funding Resources Webinar
- InfoSight Newsletter, Vol 18, Issue 16 (4/26/2024)
- InfoSight Highlights: Product Combination Underway
- Autism Acceptance Month
- NCUA Board Approves Advance Notice of Proposed Rulemaking on Records Retention
- CFPB Updates Supervision Designation Procedures
- FTC Announces Rule Banning Noncompetes
- FinCEN Reminds Financial Institutions to Remain Vigilant to Environmental Crimes
- FinCEN updates Beneficial Ownership Information FAQs
- InfoSight Newsletter, Vol 18, Issue 15 (4/19/2024)
- InfoSight Highlights: Spring Cleaning - Compilance Edition
- Autism Acceptance Month
- CFPB Blog: Ensuring Servicemembers Can Protect Themselves from Unlawful Financial Practices
- FinCEN Issues Notice on Use of Counterfeit U.S. Passport Cards to Perpetrate Identity Theft and Fraud Schemes
- NCUA: Registration Open for May 2 Webinar Covering the 2024 CDRLF Grant Round
- FinCEN Issues Analysis on Elder Financial Exploitation
- InfoSight Newsletter, Vol 18, Issue 14 (4/12/2024)
- InfoSight Highlights: Fair Credit Reporting Act Responsibilities
- APRIL is Autism Acceptance Month!
- CFPB Finds Violations of Credit Report Accuracy Requirements, Including for Survivors of Human Trafficking
- CFPB Finds Americans are Paying Upfront Fees Seeking to Lower Interest Rates on MortgagesCFPB Blog: Consumer Reporting Companies Have an Obligation to Correct Errors
- Nacha Blog: Fighting Credit-Push Fraud
- NCUA/MyCreditUnion.gov - April is National Financial Capability Month
- InfoSight Newsletter, Vol 18, Issue 13 (4/5/2024)
- InfoSight Highlights: Regulatory Spotlight - Controls Testing
- APRIL is Autism Acceptance Month!
- CFPB: Remarks from Director Rohit Chopra
- FinCEN Seeks Comments on Customer Identification Program Requirement
- CFPB Blog: Consumer Reporting Companies Have an Obligation to Correct Errors
- CFPB Takes Action to Halt False Claims of 'Free' International Money Transfers
- NCUA Opening 2024 CDRLF Grant Round May 1
- InfoSight Newsletter, Vol 18, Issue 12 (3/29/2024)
- InfoSight Highlights:Board of Directors Resources
- NACHA: Risk Management Topics (October 1, 2024)
- FTC: Second Scams Against Older Adults Advisory Group Meeting
- CFPB Joins Federal and State Agencies in Coordinated Statements on Tech & Enforcement
- CFPB: 2023 HMDA Data on Mortgage Lending Now Available
- NCUA Releases 2023 Annual Report
- InfoSight Newsletter, Vol 18, Issue 11 (3/22/2024)
- InfoSight Highlights: We are Here to Help!
- Celebrating Women's History Month
- CFPB Blog: ASC Hearing Addresses Appraisal Bias, Highlights Deficiencies with The Appraisal Foundation
- Register Now for April 4 Liquidity Risk Management Webinar
- FinCEN Publishes an Administrative Ruling Regarding CIP/CDD Requirements for Designated Beneficiaries of IRAs
- Credit Union Assets and Delinquencies Grow in the Fourth Quarter
- InfoSight Newsletter, Vol 18, Issue 10 (3/15/2024)
- InfoSight Highlights:What Can You Find in InfoSight?
- FREE BCP Training Session
- Celebrating Women's History Month
- CFPB Blog: “Junk Fees” are Driving Up Housing Costs.
- FTC Convenes Advisory Group to Fight Scams Against Older Adults
- FTC Implements New Protections for Businesses Against Telemarketing Fraud and Affirms Protections Against AI-enabled Scam Calls
- Trade Groups Sue CFPB to Stop Credit Card Late Fees Rule
- InfoSight Newsletter, Vol 18, Issue 9 (3/8/2024)
- InfoSight Highlights: Final Rule - Credit Card Penalty Fees
- Business Continuity Planning Education Series
- Celebrating Women's History Month!
- CFPB Bans Excessive Credit Card Late Fees, Lowers Typical Fee from $32 to $8
- CFPB Issues Guidance to Rein in Rigged Comparison-Shopping Results for Credit Cards and Other Financial Products
- FTC and Partners Kick Off National Consumer Protection Week 2024
- Financial Action Task Force Identifies Jurisdictions with Anti-Money Laundering, Combating the Financing of Terrorism, and Counter-Proliferation Deficiencies
- Notice Regarding National Small Business United v. Yellen, No. 5:22-cv-01448 (N.D. Ala.)
- InfoSight Newsletter, Vol 18, Issue 8 (3/1/2024)
- InfoSight Highlights:Think Big! Resources for Small Credit Unions!
- Recovery Pro Training: Save the Dates!
- Celebrating Black History Month
- CFPB Blog: Credit Card Interest Rate Margins at All-Time High
- Unlawful Fees in the Mortgage Market
- Upcoming FTC Event!
- Older Adults and Fraud: What You Need to Know
- FTC Announces Agenda for 2024 PrivacyCon
- FTC Takes Action Against Tax Prep Company H&R Block for Wiping Consumers’ Data, Deceptively Marketing ‘Free’ Online Filing
- CFPB Orders Federal Supervision for Installment Lender Following Contested Designation
- Post-repossession letters back in the crosshairs of predatory attorneys
Plaintiff attorneys continue to find creative ways to allege non-compliance with UCC 9 for Notices of Disposition (NOI) and with Notice of Deficiency letters (NOD). Litigation has been continuous for more than eight years due to the ability to require credit unions to waive remaining deficiency balances, return payments toward deficiency balances, return 10% of the principal amount of the original debt, and pay statutory damages. Some settlements have resulted into payments of millions of dollars.
- InfoSight Newsletter, Vol 18, Issue 7 (2/23/2024)
- InfoSight Highlights: Multifactor Authentication Coming Soon! & BCP Education Series Coming Soon!
- Continuing the Celebration of Black History Month
- FTC Staff Provides Annual Letter to CFPB On 2023 Equal Credit Opportunity Act Activities
- CFPB Report Finds Large Banks Charge Higher Credit Card Interest Rates than Small Banks and Credit Unions
- NCUA Board Approves Updates to MDI Preservation Program
- NCUA’s Funds Receive Clean Audit Opinions
- FinCEN issues Small Entity Compliance Guide for BOI access
- CFPB Issues Revised Supervisory Appeals Process
- InfoSight Newsletter, Vol 18, Issue 6 (2/16/2024)
- InfoSight Highlight: Examination Principles Related to Valuation Discrimination and Bias in Residential Lending
- Continuing the Celebration of Black History Month
- CFPB Secures $12 Million From Ringleaders of Foreclosure Relief Scam
- FFIEC Issues Statement on Examination Principles Related to Valuation Discrimination and Bias in Residential Lending
- NCUA and CDFI Fund to Co-Host Feb. 29 Webinar on Certification Application
- As Nationwide Fraud Losses Top $10 Billion in 2023, FTC Steps Up Efforts to Protect the Public
- “Love Stinks” – when a scammer is involved
- InfoSight Newsletter, Vol 18, Issue 5 (2/9/2024)
- InfoSight Highlight: Consumer Compliance Outlook Article
- Celebrating Black History Month
- NCUA Chairman Todd M. Harper’s Remarks on Agenda for Review of Credit Union Regulations
- FinCEN Proposes Rule to Combat Money Laundering and Promote Transparency in Residential Real Estate
- FinCEN Requests Comments on Renewal of the OMB Control Numbers for Bank Secrecy Act Requirements in Connection with Reports of Transactions in Currency Regulations and the Currency Transaction Report
- InfoSight Newsletter, Vol 18, Issue 4 (2/2/2024)
- InfoSight Highlight:The Writing Has Been on the Wall!
- Consumer Compliance Outlook Issue 4 Released
- The CFPB’s Enforcement Work in 2023 and What Lies Ahead
- Registration Open for Supervisory Priorities Webinar
- FinCEN Finds Iraq-based Al-Huda Bank to be of Primary Money Laundering Concern and Proposes a Rule to Combat Terrorist Financing
- Agency Information Collection Activities; Proposed Collection; Comment Request; Beneficial Ownership Information Requests
- InfoSight Newsletter, Vol 18, Issue 3 (1/26/2024)
- InfoSight Highlight: NCUA Supervisory Priorities are here!
- CFPB Proposes Rule to Stop New Junk Fees on Bank Accounts
- Board Approves Annual Performance Plan; Briefed on DEIA Strategic Plan
- The IRS Doesn't Send Tax Refunds by Email or Text
- CFPB and Legal Team Sue Debt-Relief Enterprise, for Illegally Swindling More Than $100 Million from Financially Struggling Families
- Federal Reserve Board Announces It Will Extend the Comment Period on Interchange Fee Proposal
- FTC is Taking Another Look at COPPA and Kids’ Online Privacy – And Wants Your Insight
- InfoSight Newsletter, Vol 18, Issue 2 (1/19/2024)
- InfoSight Highlight: Compliance Q4 Video and LIS Product Updates
- CFPB Proposes Rule to Close Bank Overdraft Loophole that Costs Americans Billions Each Year in Junk Fees
- FinCEN Updates Paycheck Protection Program Frequently Asked Questions
- CFPB Report Identifies Challenges Faced by Borrowers in Resumption of Student Loan Payments
- CFPB Blog: Beware of New CFPB Imposter Scams
- CFPB Addresses Inaccurate Background Check Reports and Sloppy Credit File Sharing Practices
- InfoSight Newsletter, Vol 18, Issue 1 (1/12/2024)
- InfoSight Highlight: Annual Threshold Changes and MORE
- In Celebration of MLK Day (1/15)
- Risk Alert - Social Media Trend, "Audit the Audits"
- Otsuka Sworn in as 25th NCUA Board Member
- CFPB Blog: CFPB to distribute nearly $6 million to consumers harmed by predatory loans to veterans
- FTC to Host Virtual Summit on Artificial Intelligence
2023 Newsletters
- InfoSight Newsletter, Vol 17, Issue 47 (12/15/2023)
- InfoSight Highlight: We've Launched
- CEO LeDu on Credit Unions, Coffee and Conversation Podcast
- Cybersecurity Resources
- Lending, Assets, Insured Shares, and Delinquencies Rise in Third Quarter
- CFPB Orders Atlantic Union Bank to Pay $6.2 Million for Illegal Overdraft Fee Harvesting
- FTC Announces CARS Rule to Fight Scams in Vehicle Shopping
- Joint Statement on the EU-U.S. Financial Regulatory Forum
- FinCEN Updates Frequently Asked Questions on Beneficial Ownership Information
- InfoSight Newsletter, Vol 17, Issue 46 (12/8/2023)
- InfoSight Highlight: The CU PolicyPro/RecoveryPro Combined Site Launches Next Week!
- 2023 Fair Lending Interagency Webinar
- FHFA Announces Confirming Loan Limit Values for 2024
- FSB Publishes Toolkit for Enhancing Third-Party Risk Management and Oversight
- InfoSight Newsletter, Vol 17, Issue 45 (12/1/2023)
- InfoSight Highlight: The New CU PolicyPro/RecoveryPro Combined Site is on the Horizon!
- NCUA Reinstates Civil Money Penalties for Late Call Report Filing
- NCUA Board Approves Charitable Donation Accounts Final Rule
- FinCEN Extends Deadline for Companies Created or Registered in 2024 to File Beneficial Ownership Information Reports
- CFPB and 11 States Order Prehired to Provide Students More than $30 Million in Relief for Illegal Student Lending Practices
- CFPB Orders Bank of America to Pay $12 Million for Reporting False Mortgage Data
- FinCEN Alert on COVID-19 Employee Retention Credit Fraud
- InfoSight Newsletter, Vol 17, Issue 44 (11/17/2023)
- InfoSight Highlight: Here Come the Consumer Compliance Exams!
- Agencies Announce Dollar Thresholds for Applicability of Truth in Lending and Consumer Leasing Rules for Consumer Credit and Lease Transactions
- Agencies Announce Dollar Thresholds for Smaller Loan Exemption from Appraisal Requirements for Higher-priced Mortgage Loans
- CFPB Orders Citi to Pay $25.9 Million for Intentional, Illegal Discrimination Against Armenian Americans
- New Help for Spotting, Avoiding and Reporting Scams in Multiple Languanges
- Comment Period Open on Fair Hiring in Banking Proposed Rule
- InfoSight Newsletter, Vol 17, Issue 43 (11/10/2023)
- InfoSight Highlight: Internal Spoofing Attacks are on the Rise - Is Your Staff Prepared?
- CFPB Proposes New Federal Oversight of Big Tech Companies and Other Providers of Digital Wallets and Payment Apps
- CFPB Issues New Report on State Community Reinvestment Laws
- NCUA’s Hood Lauds Growth of DEI Summit and Industry Progress
- The Second/Third issue of the "Consumer Compliance Outlook" from the Federal Reserve System has been released
- FinCEN Finalizes Rule on Use of FinCEN Identifiers in Beneficial Ownership Information
- InfoSight Newsletter, Vol 17, Issue 42 (11/03/2023)
- InfoSight Highlight: Keeping up with Compliance!
- Celebrating Native American Heritage Month
- CURI Corner!: Security from CUVM and Inspired Technologies
- NCUA Posts 2024-2025 Proposed Budget, Sets November 16 Public Briefing
- Chairman Harper Emphasizes Allyship to Achieve DEI Goals
- CFPB Report Finds Credit Card Companies Charged Consumers Record-High $130 Billion in Interest and Fees in 2022
- Servicemembers continue to face major financial challenges
- NCUA and CDFI Hosting Nov. 8 Webinar on Small Dollar Lending Program
- InfoSight Newsletter, Vol 17, Issue 41 (10/27/2023)
- InfoSight Highlight: Staying up to Date with Regulations!
- Board Issues Proposals on Fair Hiring in Banking; Simplification of Share Insurance
- CFPB Proposes Rule to Jumpstart Competition and Accelerate Shift to Open Banking
- Appraisal Subcommittee Hearing on Appraisal Bias
- Report of the CFPB Education Loan Ombudsman
- Reminder to Register for the NCUA's DEI Summit 2023 Nov 1-2
- InfoSight Newsletter, Vol 17, Issue 40 (10/20/2023)
- InfoSight Highlight: Recent Content Updates: CU PolicyPro and RecoveryPro
- CURI Corner: Welcoming Our Newest Team Member!
- FTC Proposes Rule to Ban Junk Fees
- Protecting immigrant access to fair credit opportunities
- Joint Statement on Fair Lending and Credit Opportunities for Noncitizen Borrowers
- FTC and CFPB Settlement to Require Trans Union to Pay $15 Million
- NCUA's “Serving the Hispanic Market” Webinar - Oct 19
- InfoSight Newsletter, Vol 17, Issue 39 (10/13/2023)
- InfoSight Highlight: CFPB Advisory Opinion – Fees for Basic Customer Service
- NCUA Board Approves Final Rule on Financial Innovation
- CFPB Issues Guidance to Halt Large Banks from Charging Illegal Junk Fees for Basic Customer Service
- Credit Union Assets, Lending, and Delinquencies Rise in 2nd Quarter
- CFPB Exams Return $140 Million to Consumers Hit by Illegal Junk Fees in Banking, Auto Loans, and Remittances
- NCUA Awards $3.1 Million Through Expanded CDRLF Grants
- CDRLF Success Stories Webinar
- NCUA & FTC Webinar on Protecting Your Credit and Identity
- InfoSight Newsletter, Vol 17, Issue 38 (10/6/2023)
- InfoSight Highlight: Third Party Service Providers – More scrutiny in 2024?
- Celebrating Indigenous Peoples Day
- NCUA Awards $3.1 Million Through Expanded CDRLF Grants
- NCUA Chairman Harper Welcomes Otsuka Nomination
- CFPB Blog: The law requires companies to delete disputed unverified information from consumer reports
- CFPB Blog: Four million complaints- More than just a milestone
- DEI Summit 2023: November 1–2
- InfoSight Newsletter, Vol 17, Issue 37 (9/22/2023)
- InfoSight Highlight: Adverse Action Notices Artificial Intelligence
- THANK YOU to Compliance Officers!
- NCUA Board Approves Final Rule on Financial Innovation
- CFPB Mortgage Report Finds Jumps in Closing Costs and Denials for Insufficient Income, Growing Proportion of Cash-Out Refinances
- CFPB Kicks Off Rulemaking to Remove Medical Bills from Credit Reports
- DEI Summit 2023: November 1–2
- MDI Symposium: October 3-4
- InfoSight Newsletter, Vol 17, Issue 36 (9/22/2023)
- InfoSight Highlight:Automated Cybersecurity Evaluation Toolbox
- Annual Survey: We Want to Hear From You!
- CFPB Issues Guidance on Credit Denials by Lenders Using Artificial Intelligence
- Truth in Lending (Regulation Z) Annual Threshold Adjustments
- CFPB Report Finds College Tuition Payment Plans Can Put Student Borrowers at Risk
- NCUA Releases Q2 2023 State-Level Credit Union Data Report
- REGISTRATION STILL OPEN: NCUA Upcoming Webinars
- InfoSight Newsletter, Vol 17, Issue 35 (9/15/2023)
- InfoSight Highlight: It's Survey Time!
- Celebrating Latin Heritage Month!
- CURI Corner!
- FinCEN Issues Alert on Prevalent Virtual Currency Investment Scam Commonly Known as “Pig Butchering”
- Credit Union Assets, Lending, and Delinquencies Rise in 2nd Quarter
- NCUA to Distribute $76 Million Under Corporate System Resolution Program
- NCUA’s Consumer Compliance Webinar on Sept. 27
- Webinar on Using Technology to Promote Financial Inclusion
- InfoSight Newsletter, Vol 17, Issue 34 (9/8/2023)
- InfoSight Highlight:Small Asset Size Credit Unions
- Federal and State Financial Agencies Issue Interagency Statement on Practices Regarding Institutions Affected by Hurricane Idalia
- NCUA Women Recruitment Virtual Outreach Event
- CFPB Blog: As payments on federal student loans resume, federal student loan borrowers may be eligible for cancellation or lower payments
- Comments on Proposed Reconsiderations of Value of Residential Real Estate Valuations Guidance
- Prepare for the new CUPP/RecPro Product Combination
- InfoSight Newsletter, Vol 17, Issue 33 (9/1/2023)
- InfoSight Highlight: Expelling a Member
- OFAC's "Introduction to OFAC" Web Series
- Agencies to Host Roundtable on Special Purpose Credit Programs
- Register Now for the Volunteer Income Tax Assistance Program Webinar
- Register Now for Commercial Real Estate Loan Accommodations and Workout Guidance Webinar
- Comments Closing Soon
- InfoSight Newsletter, Vol 17, Issue 32 (8/25/2023)
- For the Compliance Officer
- Regulatory Agencies Issue Interagency Statement REgarding Financial Institutions Affected by the Hawaii Wildfires
- CFPB Penalizes Freedom Mortgage and Realty Connect for Illegal Kickbacks
- NCUA Issues Cyber Incident Notification Resources
- Comment Period of the Policy Statement: Minority Depository Institution Preservation Program Due Aug. 28
- The National Credit Union Foundation Launches Fund for Credit Union Colleague AFfected by Maui Wildfires
- InfoSight Newsletter, Vol 17, Issue 31 (8/18/2023)
- League InfoSight Highlight: Federal Credit Union - Member Expulsion
- CURI Corner!
- FTC Charges Experian with Spamming Consumers
- NCUA Monitoring and Assisting Credit Unions Affected by Wildfires in Maui
- CFPB Director Rohit Chopra Remarks on Protecting Americans from Harmful Data Broker Practices
- 2023 Global Women’s Leadership Network Empowerment Grant Winners to Increase Financial Access Worldwide
- InfoSight Newsletter, Vol 17, Issue 30 (8/11/2023)
- League InfoSight Highlight: Strengthening Success
- Federal and State Regulators Release Updates to the BSA/AML Examination Manual
- CFPB Sues USASF Servicing for Illegally Disabling Vehicles and for Improper Double-Billing Practices
- Comment on Quality Control Standards for Automated Valuation Models Proposed Rule Due Aug. 21
- Comment Period of the Policy Statement: Minority Depository Institution Preservation Program Due Aug. 28
- Comment Regarding National Credit Union Administration Operating Fee Schedule Methodology
- Reminder to Register- NCUA Hispanic Recruitment Virtual Outreach Event
- InfoSight Newsletter, Vol 17, Issue 29 (8/4/2023)
- League InfoSight Highlight: Artificial Intelligence Usage Policy
- Agencies Update Guidance on Luquidity Risks and Contingency Planning
- Importance of Contingency Funding Plans
- NCUA Hispanic Recruitment Virtual Outreach Event
- 2022 SAR Fuling Trend Data Now Available on FinCen's Website
- InfoSight Newsletter, Vol 17, Issue 28 (7/28/2023)
- League InfoSight Highlight: Trusted Contact Resources and Information!
- NCUA Board Approves Final Member Expulsion Rule
- CFPB Report Shows Workers Face Risks from Employer-Driven Debt
- CFPB Exams Find Unfair, Deceptive, and Abusive Practices Across a Wide Array of Consumer Financial Product Lines
- FTC and HHS Warn Hospital Systems and Telehealth Providers about Privacy and Security Risks from Online Tracking Technologies
- InfoSight Newsletter, Vol 17, Issue 27 (7/21/2023)
- League InfoSight Highlight: Mid-Year Compliance Check Up
- 2023 Risk Alert Update
- FINRA Fines Merrill Lynch $6 Million for Longstanding AML Program Failures
- MDI Credit Union’s Strong Performance Benefits Members and Communities
- NCUA to Host Aug 2 Webinar on New Cyber Incident Reporting Rule
- Ensuring Consumers Receive Critical Lending Protections
- InfoSight Newsletter, Vol 17, Issue 26 (7/14/2023)
- League InfoSight Highlight: Compliance Outlook 10 Years
- 2023 Q2 Compliance Video Update
- CFPB Takes Action Against Bank of America
- NCUA Releases Annual Cybersecurity & Credit Union System Resilience Report
- Agencies Finalize Policy Statement on Commercial Real Estate Loan Accommodations and Workouts
- The CFPB's 2022 Fair Lending Annual Report to Congress
- InfoSight Newsletter, Vol 17, Issue 25 (6/30/2023)
- League InfoSight Highlight: Trusted Contacts
- Celebrating Independence Day
- Compliance Lessons: Thinking Like a Kid!
- NCUA Rescinds Most COVID-19 Guidance to Credit Unions
- NCUA Board Approves Proposal on MDI Preservation
- CFPB Blog: Protecting Consumers' Right to Challenge Discrimination
- NCUA: Simplified CECL Tool Updatd for June 30, 2023
- WOCCU: Worldwide Foundation for Credit Unions Launches Resilience Initiative in Ukraine
- InfoSight Newsletter, Vol 17, Issue 24 (6/23/2023)
- League InfoSight Highlight: CUPP and RP Combined Product FAQs
- Registration Now Open for NCUA Diversity Equity, and Inclusion Summit Nov. 1-2
- NCUA Releases Q1 2023 State-Level Credit Union Data Report
- CFPB Report Identifies Issues with Increased Servicemember Use of Digital Payment Apps
- InfoSight Newsletter, Vol 17, Issue 23 (6/16/2023)
- League InfoSight Highlight: COMING SOON: CUPP and RP
- Recognition and Reflection on Juneteenth
- NCUA to Host Webinar on Combatting Appraisal Bias on June 21
- Agencies Propose Interagency Guidance of Valie for Residential Real Estate Valuations
- WOCCU Addresses United Nations' Group to Strengthen Credit Unions' Role in Financial Inclusion
- Credit Union Lending, Assets, Insured Shares Continue to Grow
- InfoSight Newsletter, Vol 17, Issue 22 (6/9/2023)
- League InfoSight Highlight: Automation Considerations
- Myth Busters! Compliance Edition: Part 3 (The Final)
- NCUA Designates June as MDI Awareness Month
- CFPB Issue Spotlight Analyzes “Artificial Intelligence” Chatbots in Banking
- Agencies Request Comment on Quality Control Standards for Automated Valuation Models Proposed Rule
- CFPB Finds that Billions of Dollars Stored on Popular Payment Apps May Lack Federal Insurance
- InfoSight Newsletter, Vol 17, Issue 21 (6/1/2023)
- League InfoSight Highlight: Spotlight on the Marketing Team!
- Celebrating PRIDE Month!
- Myth Busters! Compliance Edition: Part 2
- Discovering MDIs: The Key to Building a Strong and Inclusive Financial System Webinar
- CFPB Orders Installment Lender OneMain to Pay $20 Million for Deceptive Sales Practices
- NCUA Board Member Rodney E. Hood Speaks at Symposium
- CFPB Issue Spotlight: Medical Billing and Collections Among Older Americans
- InfoSight Newsletter, Vol 17, Issue 20 (5/26/2023)
- League InfoSight Highlight: Challenges of Compliance Officers
- In observance of Memorial Day/A Focus on Financial Protection for Military Members
- Myth Busters! Compliance Edition: Part 1
- DCUC Recognizes Memorial Day
- CFPB: Overdraft/NSF revenue down nearly 50% versus pre-pandemic levels
- NCUA Board Approves Proposal to Include Veterans Organizations in Charitable Donation Accounts
- CFPB Blog: Mortgage data shows that borrowers could save $100 a month (or more) by choosing cheaper lenders
- InfoSight Newsletter, Vol 17, Issue 19 (5/19/2023)
- When is the effective date for the CFPB Small Business Lending Rule?
- Story Time! A Tale of Two Compliance Departments
- CFPB Posts Small Business Lending Rule Compliance Guide
- NCUA: Seeking Public Input on Climate-Related Financial Risk
- NCUA Chairman Todd M. Harper Testifies Before the U.S. House Committee on Financial Services
- CFPB Blog: Building Resilience and Durability Into Mortgage Rules
- InfoSight Newsletter, Vol 17, Issue 18 (5/12/2023)
- LIS Highlight: 20 Year Anniversary - Lessons Learned
- The 1st Q 2023 Compliance Video is Now Available!
- CFPB Issues Guidance to Rein in Creation of Fake Accounts to Harvest Fees
- NACHA: Request for Comment and Information: ACH Risk Management Topics
- InfoSight Newsletter, Vol 17, Issue 17 (5/5/2023)
- LIS Highlight: Property Assessed Clean Energy (PACE) Loans and Climate ChangeSmall business lending collection and reporting requirements
- Celebrating AAPI History Month!
- The Hidden Gem of InfoSight: ?State-Specific Content
- NCUA Board Approves Request for Information on Climate Financial Risk
- CFPB Proposes New Consumer Protections for Homeowners Seeking Clean Energy Financing
- CFPB Report Highlights Costly Credit Cards and Loans Pushed on Patients
- InfoSight Newsletter, Vol 17, Issue 16 (4/28/2023)
- LIS Highlight: The Policy Life Cycle
- Small business lending collection and reporting requirements
- Update to Interagency Policy Statement on Allowances for Credit Losses
- CFPB Issues Guidance to Protect Homeowners from Illegal Collection Tactics on Zombie MortgagesCFPB
- InfoSight Newsletter, Vol 17, Issue 15 (4/21/2023)
- CU PolicyPro Content Updates are Published!
- Associated Model Content
- NCUA’s 2022 OMWI Annual Report to Congress Now Available
- NCUA Research Examines Credit Union Exposure to Climate-Related Physical Risks
- CFPB Announces Revised Methodology for Determining Average Prime Offer Rates
- InfoSight Newsletter, Vol 17, Issue 14 (4/14/2023)
- Small Business Lending under the Equal Credit Opportunity Act
- Compliance Spring Cleaning!
- Home Mortgage Disclosure Act Data Collection Requirements for Calendar Year 2023
- Resources for LID, MDI, and Small Credit Unions Webinar
- CFPB Issues Guidance to Address Abusive Conduct in Consumer Financial Markets
- InfoSight Newsletter, Vol 17, Issue 13 (4/7/2023)
- 20th Year celebration: Get to Know our CEO!
- Autism Acceptance Month!
- Compliance Madness Champion!
- Welcome to OFAC's New Website!
- CFPB Issues Guidance to Address Abusive Conduct in Consumer Financial Markets
- NCUA Opening 2023 CDRLF Grant Round May 1
- InfoSight Newsletter, Vol 17, Issue 12 (3/31/2023)
- State Laws! & Upcoming Featured Article
- Continuing the Celebration! Upcoming Feature Article
- Compliance Madness - FINALS!
- CFPB Issues Determination that State Disclosure Laws on Business Lending are Consistent with the Truth in Lending Act
- FinCEN Issues Initial Beneficial Ownership Information Reporting Guidance
- The NCUA to Host Share Insurance Webinar on April 13
- InfoSight Newsletter, Vol 17, Issue 11 (3/24/2023)
- The first round of Compliance Madness did not disappoint!
- League InfoSight Highlights: Webinar Registration; Upcoming Policy Revisions
- NCUA Board Approves Final Subordinated Debt Rule to Support ECIP Participation
- 2022 HMDA Data on Mortgage Lending Now Available
- CFPB Enhances Tool to Promote Competition and Comparison Shopping in Credit Card Market
- InfoSight Newsletter, Vol 17, Issue 10 (3/17/2023)
- Bank Failures and Member Confidence!
- Please join us for a webinar!
- March Madness - Compliance Edition!
- NCUA Loan Risk Webinar- Register Today!
- NCUA Releases Q4 2022 State-level Credit Union Data Report
- CFPB Launches Inquiry Into the Business Practices of Data Brokers
- InfoSight Newsletter, Vol 17, Issue 9 (3/10/2023)
- NCUA Final Rule Cyber Incident Notification Requirements for Federally Insured Credit Unions
- EXCITING CHANGES ARE ON THE WAY!
- CFPB Uncovers Illegal Junk Fees on Bank Accounts, Mortgages, and Student and Auto Loans
- Registration Open for NCUA Loan Risk Webinar
- CFPB and NLRB Announce Information Sharing Agreement to Protect American Consumers and Workers from Illegal Practices
- InfoSight Newsletter, Vol 17, Issue 8 (3/3/2023)
- Deeper Dive into NCUA’s 2023 Supervisory Priorities
- Celebrating Women's History Month!
- Resources For Complaint Management
- CFPB Publishes New Findings on Financial Profiles of Buy Now, Pay Later Borrowers
- CFPB Announces Appointments of New Advisory Committee Members
- NCUA: Permissible Loan Interest Rate Ceiling Extended
- InfoSight Newsletter, Vol 17, Issue 7 (2/24/2023)
- What's New in InfoSight?
- Celebrating Black History Month
- Last Chance to Register for "Closing the Gap" Webinar
- NCUA’s Harper Discusses DEI, Allyship; Selected to AACUC Hall of FameNCUA’s Harper Discusses DEI, Allyship; Selected to AACUC Hall of Fame
- WOCCU: Turkish Cooperative Earthquake Relief Fund - Donations Continue
- InfoSight Newsletter, Vol 17, Issue 6 (2/17/2023)
- League InfoSight Highlight: Credit Card Penalty Fees
- Celebrating Black History Month!
- League InfoSight: Exciting Changes Coming Soon
- What's Trending on InfoSight?
- WOCCU: Cooperative Earthquake Relief Fund Launched!
- Appraisal Standards Must Include Federal Prohibitions Against Discrimination
- New FTC Data Reveals Top Lies Told by Romance Scammers
- CFPB: One-Third Decline in Collections Items on Consumer Credit Reports
- InfoSight Newsletter, Vol 17, Issue 5 (2/10/2023)
- League InfoSight Update: Stay Tuned!
- Celebrating Black History Month!
- Resources for SAS Credit Unions
- NCUA: Change to HMDA’s Closed-End Loan Reporting Threshold
- NCUA: Expansion of Permissible CUSO Activities and Associated Risks
- WOCCU: Credit Unions as the Catalyst for Rebuilding
- InfoSight Newsletter, Vol 17, Issue 4 (2/3/2023)
- League InfoSight Highlight: LinkedIn, Here We Come!
- Elder/Vulnerable Adult Protections
- NCUA: Board Extends Loan Interest Rate Ceiling
- CFPB Proposes Rule to Rein in Excessive Credit Card Late Fees
- New Issue of Consumer Compliance Outlook is Released
- InfoSight Newsletter, Vol 17, Issue 3 (1/3/2023)
- Have You Heard About CFPB’s Circulars?
- Compliance Resolution #42: Take Advantage of All InfoSight Has to Offer!
- CFPB releases updates to mortgage servicing exam procedures
- CFPB Issues Guidance to Root Unwanted Subscription Tactics
- FCC Announces Compliance Date for Amended TCPA Rules
- InfoSight Newsletter, Vol 17, Issue 2 (1/20/2023)
- Are you signed up to receive FinCEN’s Notifications?
- Annual Threshold Updates!
- Compliance Resolution #67: Get the Board on Board!
- NCUA’s 2023 Supervisory Priorities
- CFPB Webinar Series
- FinCEN Requests Comments on Proposal!
- InfoSight Newsletter, Vol 17, Issue 1 (1/13/2023)
- It's League InfoSight's 20th Anniversary!
- New California Law May Impact YOUR Credit Union!
- Compliance Resolution #104: Review Policies and Procedures
- Q4 Compliance Update Video'
- Industry News
2022 Newsletters
- InfoSight Newsletter, Vol 16, Issue 49 (12/23/2022)
- Happy Holidays!
- Board Approves NCUA 2023–2024 Budget; Issues Proposed Rule on Financial Innovation
- NCUA Releases Q3 2022 State-Level Data Report
- NCUA’s Webinar on the Credit Union Diversity Self-Assessment
- InfoSight Newsletter, Vol 16, Issue 48 (12/16/2022)
- CFPB adjusts HMDA closed-end loan exemption threshold
- CFPB and FHFA Publish Updated Data from the National Survey of Mortgage Originations for Public Use
- Continued Growth in Lending, Assets, Insured Shares Reported in Third Quarter
- InfoSight Newsletter, Vol 16, Issue 47 (12/9/2022)
- Changes to HMDA’s closed-end loan reporting threshold
- NCUA Re-establishes AMAC as Independent Office
- Nacha's Payments Innovation Alliance Releases New Guide Explaining and Simplifying Voice Payments Processing Using the ACH Network
- InfoSight Newsletter, Vol 16, Issue 46 (12/2/2022)
- CECL Resources
- CFPB Supervisory Examinations Find Credit Reporting Failures, Junk Fees, and Mishandling of COVID-19 Protections
- Share Insurance Fund Reports Strong Performance in the Third Quarter
- Using CFPB complaint data to help cities and counties protect the public
- FREE BCP Webinar- Register Today!
- InfoSight Newsletter, Vol 16, Issue 45 (11/18/2022)
- CFPB Issues Guidance to Address Shoddy Investigation Practices by Consumer Reporting Companies
- NCUA Chairman Harper Testifies on State of the Credit Union Industry at Senate Hearing
- CFPB Publishes New Bulletin Analyzing Rise in Crypto-Asset Complaints
- InfoSight Newsletter, Vol 16, Issue 44 (11/11/2022)
- FREE online webinar: RecoveryPro Content Overview
- Advance Notice of Proposed Rulemaking; Request for Public Comment.
- NACHA Reminds Third-Party Senders to Conduct a Risk Assessment by March 31, 2023
- NCUA’s Hood: Addressing Inequality is An Urgent Priority
- InfoSight Newsletter, Vol 16, Issue 43 (11/04/2022)
- Content Update! – CECL
- New Compliance Video!
- CFPB Issues Guidance to Help Banks Avoid Charging Illegal Junk Fees on Deposit Accounts
- NCUA Releases 2021 Credit Union Diversity Self-Assessment Results
- NCUA Board Announces 2023 Meeting Schedule
- InfoSight Newsletter, Vol 16, Issue 42 (10/28/2022)
- NEW Content – Person-to-Person (P2P) Transactions
- 401(k) limit increases to $22,500 for 2023, IRA limit rises to $6,500
- CFPB Takes Action to Address Junk Data in Credit Reports
- NCUA Board Approves Risk Appetite Statement; Briefed on Central Liquidity Facility and Cybersecurity
- InfoSight Newsletter, Vol 16, Issue 41 (10/21/2022)
- NCUA Releases Updates to its Automated Cybersecurity Evaluation Toolbox (ACET)
- Agencies Announce Threshold for Smaller Loan Exemption from Appraisal Requirements for Higher-Priced Mortgage Loans
- DEI and ACCESS Summit 2022
- InfoSight Newsletter, Vol 16, Issue 40 (10/14/2022)
- Mortgage Borrowers Can Challenge Inaccurate Appraisals Through the Reconsideration of Value Process
- AFP Survey Finds Businesses ‘Actively Shifting’ to ACH and Other Electronic B2B Payments
- Updates Made to NCUA’s Simplified CECL Tool
- InfoSight Newsletter, Vol 16, Issue 39 (10/7/2022)
- InfoSight Highlight!
- NCUA Webinar on Defending Against Ransomware Attacks
- Update to Cybersecurity Resource Guide for Financial Institutions
- Federal And State Financial Regulatory Agencies Issue Interagency Statement on Supervisory Practices Regarding Financial Institutions Affected by Hurricanes Fiona and Ian
- InfoSight Newsletter, Vol 16, Issue 38 (09/30/2022)
- RecoveryPro Presents: BCP 101 Free Webinar
- NCUA To Begin Phase 3 Of Resuming Onsite Operations
- NCUA Board Proposes Rule on Member Expulsion
- Third-Party Sender Roles and Responsibilities
- InfoSight Newsletter, Vol 16, Issue 37 (09/23/2022)
- FREE education webinar - BCP 101
- NCUA Releases Q2 2022 State-Level Credit Union Data Report
- CFPB Study Details the Rapid Growth of “Buy Now, Pay Later” Lending
- FOM Modernization Bill Introduced in Senate
- InfoSight Newsletter, Vol 16, Issue 36 (09/16/2022)
- Late Night ACH File Delivery for Many Began Sept. 12
- NCUA Releases Simplified CECL Tool for Small Credit Unions
- Furnishers have an obligation to investigate consumer disputes
- InfoSight Newsletter, Vol 16, Issue 35 (09/9/2022)
- MLA Schedules Next System Release
- NCUA Grants Will Allow Low-Income Credit Unions to Expand Service,
Build Capacity - Beware of scammers pretending to be from the CFPB
- InfoSight Newsletter, Vol 16, Issue 34 (09/2/2022)
- NCUA to Distribute $395 Million Under Corporate System Resolution Program
- CUNA Releases August Economic Update
- Register Now for Webinar on Climate-Related Preparedness
- InfoSight Newsletter, Vol 16, Issue 33 (08/26/2022)
- FHFA and Ginnie Mae Announce Updated Minimum Financial Eligibility Requirements for Enterprise Seller/Servicers and Ginnie Mae Issuers
- Registration Open for 2023 CUNA Governmental Affairs Conference
- FTC Seeks Additional Public Comment on Advertising to Kids in Digital Media
- InfoSight Newsletter, Vol 16, Issue 32 (08/19/2022)
- $1 Million Same Day ACH Limit Not a Greater Fraud Risk, Nacha’s RMAG Finds
- CFPB Warns that Digital Marketing Providers Must Comply with Federal Consumer Finance Protections
- CFPB Takes Action to Protect the Public from Shoddy Data Security Practices
- InfoSight Newsletter, Vol 16, Issue 31 (08/12/2022)
- Registration Open for NCUA’s Bank Secrecy Act Webinar for Small Credit Unions
- NCUA Charters WeDevelopment Federal Credit Union
- Agencies Invite Comment on Proposed Commercial Real Estate Loan Workouts and Accommodations Statement
- InfoSight Newsletter, Vol 16, Issue 30 (08/5/2022)
- 2022 International Credit Union Day theme announced
- CDFI Fund Update on CDFI Certification Application Process
- CFPB and Justice Department Caution Auto Finance Companies about Servicemember Protections
- InfoSight Newsletter, Vol 16, Issue 29 (07/29/2022)
- Highlights: InfoSight "Remastered"
- NCUA Board Issues Proposed Rule on Cyber Incident Reporting Requirements and Final Rule
- CUNA Backs Board Modernization Bill Prior to Committee Markup
- CFPB Orders Hyundai to Pay $19 Million for Widespread Credit Reporting Failures
- InfoSight Newsletter, Vol 16, Issue 28 (07/22/2022)
- CFPB Issues an Advance Notice of Proposed Rulemaking
- House Passes NDAA W/ SAFE Banking, CLF Extension
- FTC Details its Enforcement Actions to Crack Down on Fraud Against the Military Community in Testimony Before House Oversight Subcommittee
- InfoSight Newsletter, Vol 16, Issue 27 (07/15/2022)
- New InfoSight Content- New Compliance Videos!
- CFPB: Permissible Purposes for Pulling and Using Credit Reports
- Joint Statement on Customer Due Diligence
- FHA Mortgage Eligibility Expanded For COVID-19 Affected Borrowers
- InfoSight Newsletter, Vol 16, Issue 26 (07/1/2022)
- Highlight: Happy 4th of July
- New InfoSight Content!
- CFPB Issues a Final Rule Amending Regulation V
- Job Hunting? Look Out for Phony Job Postings
- CFPB Reviewing Credit Card Penalty Rules
- Identifying and Addressing the Financial Needs of Immigrants
- InfoSight Newsletter, Vol 16, Issue 25 (06/24/2022)
- Highlights - Would you rather...?
- Consumers Demanding Faster Payments
- Chopra: CFPB Wants to Change Nature of Regulations
- FFIEC Announces Availability of 2021 Data on Mortgage Lending
- CFPB Studying Banks' OD Programs
- InfoSight Newsletter, Vol 16, Issue 24 (06/17/2022)
- Highlights - Juneteenth
- Content Update: US Savings Bond Validation Tool
- Request for Information Regarding Relationship Banking and Customer Service
- FinCEN advisory on Elder Financial Exploitation
- Bureau Publishes HMDA Beginner’s Guide
- Senator Presses Treasury Secretary on Collection, Sale of Financial Data
- InfoSight Newsletter, Vol 16, Issue 23 (06/10/2022)
- Highlights - Would you...
- OFAC Publishes Russia-Related FAQs
- FTC Business Blog on Crypto Scam Losses
- Reminder: 2022 CDRLF Grant Round Closes June 24
- FTC Proposes Changes to Telemarketing Sales Rule
- Protecting Servicemenbers from Abuses of the Military Allotment System
- InfoSight Newsletter, Vol 16, Issue 22 (06/01/2022)
- Highlights - June is Pride Month!
- CFPB Acts to Protect the Public from Black-Box Credit Models Using Complex Algorithms
- FHFA Requires New Public Disclosures by Enterprises
- MLA System Release Due June 30
- CFPB: Credit Card Payment Data Suppression May Harm Consumers
- U.S. House Prices Continue Upward Climb
- InfoSight Newsletter, Vol 16, Issue 21 (05/27/2022)
- Highlights - Make Sure Your Voice is Heard!
- Fifth Circuit Holds Oral Argument in Challenge to CFPB's Payday Lending Rule Payment Provisions
- NCUA Letter to Credit Unions Re: Federally Insured Credit Union Use of Distributed Ledger Technologies
- NCUA Statement on Committee Passage of Vendor Authority and Underserved Areas Bills
- Did the DOJ Issue ADA Website Accessibility Regulations?
- CFPB: States Can Enforce Federal Consumer Protection Laws
- InfoSight Newsletter, Vol 16, Issue 20 (05/20/2022)
- Highlights - 2022 League InfoSight User Survey - Still Open!
- New InfoSight Content: US Savings Bonds
- Revised Interagency Q&As on Flood Insurance
- National Illicit Finance Strategy For 2022
- VA Amends Regs on Fiduciary Activities
- CFPB Wants Consistent Enforcement of Consumer Financial Protections
- Fed Board Amends Rates in Regs A and D
- InfoSight Newsletter, Vol 16, Issue 19 (05/13/2022)
- Highlights - 2022 League InfoSight User Survey
- Advisory Opinion on Coverage of Fair Lending Laws
- FTC Shuts Down 'The Credit Game' As Scam
- Nacha Guide on Voice Payments Contract Issues
- Preventing and Reporting Scams of Older Adults
- Learn How Credit Unions Can Protect Older Americans Against Financial Exploitation
- InfoSight Newsletter, Vol 16, Issue 18 (05/06/2022)
- Highlights - InfoSight Content Updates
- CFPB Issues Spanish Model and Sample Forms
- FTC Proposes Protection Against Telemarketing for Small Business
- Ukraine-Related Sanctions Regs Amended, Renamed and Reissued
- FSB Report on Approaches to Climate-Change Risks
- FHFA Mandates Use of Supplemental Information Form
- InfoSight Newsletter, Vol 16, Issue 17 (04/29/2022)
- Highlights - From Template to Preparedness
- CFPB Report on Medical Billing Complaints
- U.S. Targets Facilitators of Russian Sanctions Evasion
- New HUD Guidance on Subsidized Multifamily Housing
- Comments Due on PCA Relief Extension, Digital Currencies
- CFPB Invokes Authority to Examine Non-Bank Financial Companies
- InfoSight Newsletter, Vol 16, Issue 16 (04/22/2022)
- Highlights - Rather get picked last for dodgeball than get audited?
- CFPB FDCPA Report to Congress
- FHFA Finalizes Strategic Plan
- Proposal Would Update Uniform Practice, Procedure Rules
- NCUA’s New Guide Simplifies, Clarifies Federal Credit Union Charter Application Process
- FHA adds 40-Year Mortgage Modification Option
- InfoSight Newsletter, Vol 16, Issue 15 (04/15/2022)
- Highlights - What If? RecoveryPro Can Help
- CFPB Charges Transunion and Executive with Violating 2017 Order
- CFPB Proposing Reg V Human Trafficking Amendment
- NCUA Releases Community Development Revolving Loan Fund Report to Congress
- FinCEN and Digital Identity
- Establishment of the Bureau of Cyberspace and Digital Policy
- InfoSight Newsletter, Vol 16, Issue 14 (04/08/2022)
- Highlights - Quartely Update Videos are BACK!
- 2022 "Getting it Right" Published
- Treasury Targets Sanctions Evaders and Russian Tech Companies
- FinCEN Fines Fragrance Dealer $275,000 for GTO Violations
- FBI and International Partners Stop Wire Transfer Schemes
- NCUA to Begin Phase 2 of Resuming Onsite Operations
- InfoSight Newsletter, Vol 16, Issue 13 (04/01/2022)
- Highlights - Account Insurance Estimator
- NCUA Heightened Risk of Phishing Attacks
- Bureau Extends Comment Period on "Junk Fees" RFI
- OFAC Widens Scope of Russia-Related Sanctions
- Action Plan for Fighting Bias in Appraisals
- FinEN Updates SAR Filing Trends by Industry
- InfoSight Newsletter, Vol 16, Issue 12 (03/25/2022)
- Highlights - RecoveryPro video tour
- DOJ Issues Guidance on ADA Web Accessibility
- Letter to Federal Credit Unions Final Rule on Definition of Service Facility
- USAA FSB Fined $140M for BSA/AML Violations
- FTC Stops Credit Repair Scheme
- SBA Deferring Payments on EIDLs
- InfoSight Newsletter, Vol 16, Issue 11 (03/18/2022)
- Highlights
- CAMELS - More Information
- CFPB: New Effort Focused on Financial Issues Facing Rural Communities
- Executive Order on Development of Digital Assets
- Russian State-Sponsored Cyber Actors Access Network Misconfigured with Default MFA Protocols
- CFPB blog on Homeowner Assistance Fund
- InfoSight Newsletter, Vol 16, Issue 10 (03/11/2022)
- Highlights - "What if?"
- FinCEN Issues Alert on Potential Russion Sanctions Evasion Efforts
- NMLS Password Rules Changing This Month
- CFPB Issues Report on Medical Debt
- NCUA Issues Letter Regarding CAMELS
- Registration Open for March 23 NCUA Overdraft Protection Programs Webinar
- InfoSight Newsletter, Vol 16, Issue 9 (03/04/2022)
- Highlights - InfoSight Exclusive Products Available
- Protecting Your Information
- NCUA Cybersecurity Alert
- CFPB Bulletin on Vehicle Repossessions
- Short Sale Disclosure Rule Proposed
- Register Now for NCUA's CAMELS Webinar on March 10
- InfoSight Newsletter, Vol 16, Issue 8 (02/25/2022)
- Highlights - Black History Month
- Call Report Modernization
- FinCEN Program Aids in Recovery of Over $1.1B in Losses
- CFPB Acts to Protect Consumers with Government Benefit Accounts
- Interim Final Rule on Prompt Corrective Action Relief Renewed
- InfoSight Newsletter, Vol 16, Issue 7 (02/18/2022)
- Highlights - Don't spend your time guessing!
- NEW Content in the Investment Channel
- FinCEN: Beneficial Ownership Reporting and Next Steps
- Consumers Getting Runaround from NCRAs
- FinCEN Program Aids in Recovery of Over $1.1B In Losses
- CFPB Shares Info on Homeowners Assistance Fund
- Nacha Adopts Rule for Micro-Entries
- InfoSight Newsletter, Vol 16, Issue 6 (02/11/2022)
- Highlights - Searchable FAQs
- NEW and UPDATED Content in the Security Channel
- NCUA Issues Regulatory Alerts Re: HMDA Requirements
- CFPB Posts Reference Chart for 2022 Reportable Data
- PPP Partial Forgiveness Decision Reviews Allowed
- DHS Launches Cyber Safety Review Board
- FinCEN Extends Comment Period on Real Estate ANPR
- InfoSight Newsletter, Vol 16, Issue 5 (02/04/2022)
- Highlights - Finding a Unicorn
- New Topic Added to Tax Issues Channel
- Credit Unions Encouraged to Implement Measures Against Possible Threats
- Register for NCUA's "Call Report Changes" Webinar
- CFPB Initiative to "Save Americans Billions in Junk Fees"
- NCUA Proposes Rule on Succession Planning
- CFPB Posts Lists of Rural or Underserved Counties
- InfoSight Newsletter, Vol 16, Issue 4 (01/28/2022)
- Highlights - Compliance Dates You Don't Want to Miss!
- New InfoSight Content
- New Status of the OSHA COVID-19 Vaccination and Testing ETS
- Report on Fiancial Services Diversity And Inclusion
- OFAC Targets Russian-Backed Actors Destabilizing Ukraine
- FFIEC Best Practices for Exam Information Requests
- CFPB Offers Free Webinar – Feb. 3, 2022
- InfoSight Newsletter, Vol 16, Issue 3 (01/21/2022)
- Highlights - Risks aren't always so easy to identify
- NEW Update on COVID-19 Vaccination and Testing ETS
- CFPB Alert on Discrimination Involving Religion
- NCUA’s 2022 Supervisory Priorities
- CFPB Bulletin on Unlawful Medical Debt Collection and Reporting
- FDIC & FinCEN Announce Digital ID Proofing Tech Sprint
- InfoSight Newsletter, Vol 16, Issue 2 (01/14/2022)
- Highlights - Compliance Doesn't Just Happen
- Update on COVID-19 Vaccination and Testing ETS
- MLO Registration Reactivation Period
- FinCEN Seeks to Streamline, Modernize, and Update BSA Rules
- NCUA Revises Its Call Report Beginning with March 2022 Reporting Cycle
- NCUA Extends Credit Union Diversity Self-Assessment Deadline to Jan. 31
- InfoSight Newsletter, Vol 16, Issue 1 (01/07/2022)
- Highlights - New Year's Resolutions
- CFPB: HMDA Filing Period Has Begun
- MLA Database Update
- Annual Threshold Changes
- Transitioning Away from LIBOR - Whitepaper
- Reminder: Diversity Self-Assessment due by Jan. 15