Oct. 30, 2012 – Early registrations discount remain available through tomorrow for NAFCU’s Nov. 7 webcast, “Part II: The CFPB’s Latest Mortgage Proposals and the Impact on Your Credit Union."
The Nov. 7 webcast is one of two in a series this year addressing mortgage rule changes being made under requirements of the Dodd-Frank Act. The other, “Part I: Inside the CFPB’s Mortgage Proposals,” was held Sept. 5. Participants of next week's webcast, focusing on three proposed rules from the Consumer Financial Protection Bureau, will learn about:
- how the CFPB’s mortgage loan originator proposal relates to SAFE Act requirements, including the use of unique identifiers by mortgage loan originators;
- the joint agency proposal on appraisals for “higher-risk” mortgage loans;
- the CFPB’s proposed “zero-zero alternative” which would require credit unions to offer a no-point, no-fee mortgage loan to members;
- the CFPB’s proposal to remove the credit union exemption from Regulation B.
NAFCU Director of Regulatory Compliance Steve Van Beek and Regulatory Compliance Counsels Mike Coleman and Bernadette Clair are the webcast speakers. Participants will earn 1.5 continuing education credits. Learn more online.