CFPB's mortgage rules a heavy compliance burden for credit unions
Wednesday, September 18, 2013
The new mortgage rules become effective January 1,
2014 less than 4 months away. CUNA understands that credit unions are
struggling to meet this deadline and has developed a survey to provide the
CFPB with quantifiable evidence of the burden to credit unions.
your credit union offers mortgages please take a few minutes to complete CUNA's
survey by September 23, 2013. Let the CFPB know how these new rules
and their deadlines impact your credit union.