Compliance Blog

Nov 30, 2007

The FACT Act Strikes Again; The Diet

NCUA, along with other financial regulators, have issued proposed regulations to "help ensure the accuracy and integrity of information provided to consumer reporting agencies and to allow consumers to directly dispute inaccuracies with financial institutions and other entities that furnish information to consumer reporting agencies."

Read the NAFCU Today article about the proposal here.  Read NCUA's press release here.  Find the proposed regulations here.  The proposal has not appeared in the Federal Register yet.

***

NAFCU members:  NAFCU has posted its Final Regulation on NCUA's Purchase, Sale and Pledge of Eligible Obligations.  NAFCU members can access it here.

***

The Compliance Guy hates dieting.  Especially over Thanksgiving.  And his birthday.  And that's all I'm going to say about that.

Current Weigh Loss:  4 pounds. 
Needs to Lose: 66.
Days until Wedding: 162.
Current Estimated Odds of Success:  99 to 1