Regulation

NCUA to host webinar on remittance, mortgage lending rules

resized_NCUA_SEALThe National Credit Union Administration recently announced it will host a free, two-part webinar on the Dodd-Frank remittance and mortgage lending rules on Nov. 18 and Dec. 18.

Staff from the administration’s Office of Consumer Protection will provide an overview of the rules. Next week, NCUA staff will discuss remittance transfers, mortgage servicing, higher-priced mortgage loan escrows and higher-priced mortgage loan appraisals.

In December, NCUA staff will cover the ability-to-repay/qualified mortgage rule, high-cost mortgage and homeownership counseling, loan originator compensation and valuations and appraisals under the Equal Credit Opportunity Act.

Participants can submit questions in advance, and registration for both parts of the webinar is open. NCUA also issued a regulatory alert and videos related to the new regulations that summarize the rules, focus on their importance for credit unions and provide information on additional compliance resources.

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