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October 03, 2012

Compliance Blog crosses readership milestone

As the regulatory environment has continued to heat up, the NAFCU Compliance Blog has grown in popularity, as evidenced by the blog crossing the 4,000 daily readership threshold this week.

The blog, written by the NAFCU Compliance Team, offers a convenient way for credit unions to stay up-to-date on new proposals and compliance requirements impacting credit unions.

This morning's blog post, written by Steve Van Beek, NAFCU's director of regulatory compliance, highlights the association's objection to the finance charge proposal, as outlined in a recent comment letter sent to the Consumer Financial Protection Bureau. On Tuesday, the blog provided an overview of the comment deadlines for the CFPB's various mortgage proposals. Monday's blog post looked at upcoming webinars and webcasts relevant to credit unions as well as NAFCU's October Compliance Monitor, which focuses on the CFPB's proposed rules on high-cost mortgages and mortgage servicing.

"The blog provides a fast, reliable way for NAFCU to reach out to credit unions throughout the country," Van Beek said. "Plus, the flexibility of being an entirely electronic resource allows us to be creative in our analysis and explanation of new and changing regulatory requirements."

The daily postings are available online to members and nonmembers. Postings are available by email subscription as well.

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