The CFPB has issued its long-awaited proposal to revise the Home Mortgage Disclosure Act. The proposal is a daunting 572 pages. With numerous changes being proposed, credit unions are encouraged to read the request for comment and provide feedback to the CFPB on the potential impact to the credit union. The MCUL’s request for comment will be available on the MCUL’s website for credit unions to review. Click here to read the full story.
ComplySight, the revolutionary new compliance solution, will be offered free of charge to Michigan’s SAS credit unions. Click here to read the full story.